To: Sultan who wrote (3055 ) 1/3/2000 1:41:00 PM From: Toni Wheeler Read Replies (1) | Respond to of 3721
This one is lookin' better and better: positive breakouts of MDA's and 4 week high...:tscn.com <<<CMIV was last traded at 3.500 on a volume of 32,200 shares traded. The stock opened for trading at 3.125 and has traded within a 13% range with a low of 3.125 and a high of 3.562. The stock has traded 43% of its thirty-day average volume. The fact that the price line of CMIV is above its 200-day moving average suggests that it is currently in a bullish uptrend. The stock recently posted strong gains, and the positive divergence is indicative of strong momentum for the stock over the long-term. CMIV is posting strong gains notably with its significant break above the 50-day moving average line. The stock has shown strong upward momentum that might soon be pulled down by profit taking. The stock might be considered overbought in the short-term, however, CMIV is signaling a bullish uptrend for the intermediate-term. It is a good indicator of strength if the stock pulls back but holds firmly above the 50-day moving average line. Monitoring a stock's price with respect to the 50-day moving average line is an effective means to understanding the broader trend for the equity in question. CMIV's figures currently rest substantially above its 10-day moving average line. A strong positive divergence from this point of reference indicates that the stock might be overbought in the short-term and that a consolidation or pullback may be in order. If the stock is below its 50 or 200-day moving average lines, but above the 10-day line, this is a sign of short-term strength and signals growing momentum. If this positive divergence occurs on heavy relative volume a trend reversal might be underway. If, however, CMIV is significantly above all three of these moving average lines, the stock may be destined for a strong uptrend. Market timing (in any scenario) requires a sophisticated understanding of a stock's relationship to moving average lines. Considering other technical indicators in conjunction with moving average lines is also useful. Measured by a combination of the MACD indicator, one-week relative performance and moving average ratios, CMIV appears to be trending sideways. The stock has not posted any recent significant gains, and this powerful combination of technical indicators implies that CMIV is consolidating for the short-term. Further investigation of the long-term technical ranking for the stock should reveal actual future prospects. The short-term technical ranking for CMIV implies growing momentum. An average long-term technical ranking warrants further investigation of the future prospects for CMIV. The stock is showing zero recent change in it's long-term technical ranking. The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions. Follow this link for the full disclaimer.>>>