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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Tunica Albuginea who wrote (2297)	10/24/1997 1:13:00 PM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 18016

I have given up on predicting stock price movements or good entry points. Long term I love this stock. I will try to post Market Edges opinion on the technical situation below: Second Opinion - NN 10/24/97 Symbol: NN Name: NEWBRIDGE NETWORKS C Exchange: NYSE PRICE ANALYSIS Close 57.00 Open 57.31 High 58.88 Low 56.25 Change -2.25 YrHigh 69.38 YrLow 26.50 Mo Chg (%) -7.1 Resistance N/A Support 50.13 SELL STOP 59.00 Volatility (%) 3 Position 6 ADXR 33 OPINION C-Rate 0.0 LONG 05/07/97 34.38 VOLUME ANALYSIS Volume 15405 Ave Vol 7683 Mo Chg (%) -8.9 * U/D 1.2 Slope UP Obv BL Pos Obv BR * Neg Obv BR * MFI 31 Slope DOWN TECHNICAL ANALYSIS Alpha 0.18 Beta 1.06 MACD-ST BR * MACD-LT BR * 50-Day R.S. 1.26 10-Day M.A. DOWN 92 21-Day M.A. DOWN 91 50-Day M.A. UP 101 200-Day M.A. UP 136 STO(Slow %K) 10 STO(Fast %K) 13 Wilders-RSI 27 OBOS 4 Bollinger Bands 18 RSV 85 POWER RATING 72 SCORE = -2 COMMENT Moving Average Convergence/Devergence (MACD) indicates a BEARISH TREND Chart pattern indicates a POSSIBLE TREND REVERSAL Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is rising which is BULLISH LOOK FOR SUPPORT AT 50.13 Stochastics indicate stock is OVERSOLD RECOMMENDATION STOCK SHOWS MILDLY DETERIORATING CONDITIONS SCORE = -2 IF YOU ARE LONG HOLD CURRENT POSITION; DO NOT INITIATE NEW POSITION STOCK IS NOT A SHORT SALE CANDIDATE MarketEdge & Second Opinion are neither offers to sell nor solictations of offers to buy any security. See User Agreement for other disclaimers.