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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (6158)10/14/2002 9:59:51 PM
From: Nutty Buddy  Read Replies (1) | Respond to of 95487
 
Hi RtS,

The stocks at the top of the table are the relatively stronger, of the technical indicators considered, of the group. When I have a stock I am interested in buying, and has been in an intermediate downtrend, I look for the alert to go bright green (begins with an X1 or higher number) which means the weekly MACD has turned upward but is below the signal.

Example, in todays updated semi equipment table:
home.mindspring.com
NVLS looks compelling. It's X2 weekly MACD rating means the line is turning up nicely. The "2" rates the slope of the line, greater than a "0" (which alerts yellow) and "1". You can clearly see the 5 day trend - N1,N0,X1,X2,X2 - "N" was for a negative weekly MACD downtrend. The 50 day EMA trend can also be discerned - N2,N2,N1,N1,N0 - still a downtrend, but making the turn.

The last column is the 5 day "Power Volume!" rating which, for NVLS, is 75% - not bad, but I'd like it to be a little higher on this turn. The whole group only has 4 strong "power volume" performers (in green) for the current period - not a compelling number for the sector. BUT being the sector is coming off a very negative "power volume" period, this could be a positive. This table shows the "power volume" trends for the sectors I follow:
home.mindspring.com
The semi equipment group is at the 60% rating for the latest 10/11 date. You can see the sector was coming off a six day negative run. Notice the strong sectors went weak and vice versa at week's close. Go figure!

Soooooo, the question comes down to "Is it a good time to buy NVLS?"...........

Buddy

Update semi manufacturers:
home.mindspring.com

Updated ETFs (exchange traded funds):
home.mindspring.com

250 stocks I follow:
home.mindspring.com

Note: Use MS Internet Explorer to view these tables...Netscape can't put them together right (mine can't).