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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?

To: esxtarus who wrote (6888)	2/3/2003 5:53:06 PM
From: esxtarus	Read Replies (2) \| Respond to of 8117

PYNG TECHNOLOGIES CORP Other Dcipher reports: Analyst Rank The current wave of accumulation has outlasted all overhead resistance from sellers and driven V.PYT to a new fifty-two week high at 0.700. This preponderance of buying makes the stock one to watch for continued upside momentum. Further demand from investors could bring more new highs. The last trade for V.PYT was 0.700 on volume of 76,100 shares traded. In the short term, V.PYT may consolidate briefly before resuming its current uptrend. "Gaps" occur on charts when the lowest price at which a stock trades during one reference period is greater than the highest price from the preceding period. A price gap is significant to investors in that this can signal the beginning of a new leg in the broader trend or a change in overall direction. The share price for V.PYT surged higher at the open by more than 25% from its previous close. A positive opening gap this large is technical indication that demand far outweighed available supplies. Purchasers of the stock had to bid significantly higher to reach the next point at which holders were willing to sell shares of V.PYT. Consult recent company news to see what may have sparked this heightened demand. This company scores in the top 10% of the market for Fundamental Rank, a composite of popular balance sheet measures. This comparison of cash flow ratios, measures of debt coverage and company growth infers that V.PYT is financially sound. Both fundamental and value-based investors alike might favor this one considering this top-notch score. Confer earnings estimates reports and projected growth rates to see what industry professionals expect from this company in the years to come. A Moving Average describes a stock's price trend with respect to a specific time frame. To calculate a 10-day moving average, the closing prices for the most recent ten days are added together and then divided by ten. This renders the Average price of the stock for the most recent ten sessions. By calculating this average daily using only the most recent data, the average "moves" in conjunction with the underlying stock price. The moving average provides a reliable reference for tracking both trends and performance. V.PYT is near a notable juncture in its long-term trend. The stock is within 10% of the 200-day moving average line, an important long-term technical indicator. Generally, the greater the difference between a stock's price and the 200-day line, the steeper will be that stock's trend. If the stock has been under accumulation, (as implied by rising stock prices,) a break above this line is indication of growing momentum. If V.PYT has recently pulled back, a move below the 200-day line infers weakness. V.PYT is in close proximity to the 50-Day Moving Average Line (within 10%). Monitor the stock's performance relative to this significant intermediate term indicator. The greater the divergence from the 50-day line, the steeper a stock's trend, up or down. If V.PYT is breaking away from the 50-day line to the upside, this is indication of growing momentum. However, if the stock has recently fallen below this mark as it pulled back or consolidated, look for decreased volume and volatility as early indication of a possible level of support or base. V.PYT is trading near the 10-Day Moving Average Line, which implies the possibility of recent weakness. However, if the stock is above the 50 or 200-day moving average line by a significant margin, this is indication of a broader uptrend and some might consider the recent pullback an opportunity. Understanding a stock's performance with respect to these three important indicators is essential. Furthermore, timing entry and exit points (in any time-frame) requires thorough analysis of a stock's relationship to the moving average lines. If V.PYT shows to be near its 10-day moving average line but is below either its 50 or 200-day line, the stock might be reversing a downtrend or rallying in the short-term. Additionally, volume is an important indicator to consider in conjunction with the moving average lines. The higher the volume for a stock when it moves above or below its moving average lines, the more significant this technical divergence is for investors. 10 Day Moving Average 50 Day Moving Average 200 Day Moving Average 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. Please forward all questions and comments concerning this report to: Dcipher@telescan.com.