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Biotech / Medical : Palomar Medical Technologies, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lynda Culberson who wrote (621)12/30/1997 11:08:00 PM
From: BARRY ALLEN  Read Replies (1) | Respond to of 708
 
ACCUMULATION!!!!!

Second Opinion - PMTI
12/31/97

Symbol: PMTI
Name: PALOMAR MED TECH
Exchange: NMS
PRICE ANALYSIS Close 0.94
Open 0.78
High 0.94
Low 0.78
Change 0.13
YrHigh 9.38
YrLow 0.78
Mo Chg (%) -31.9
Resistance 0.95
Support N/A
BUY STOP 1.80
Volatility (%) 11
Position 25
ADXR 57


OPINION C-Rate 0.0
AVOID
10/22/97 ÿ ÿ ÿ ÿ ÿ 2.06


VOLUME ANALYSIS Volume 19019
Ave Vol 6606
Mo Chg (%) 7.6
U/D ÿ 0.8 ÿ Slope UP
Obv BR *
Pos Obv BR *
Neg Obv BR *
MFI ÿ 29 ÿ Slope DOWN




TECHNICAL ANALYSIS Alpha -0.76
Beta 0.38
MACD-ST BR *
MACD-LT BR *
50-Day R.S. 0.44
10-Day M.A. DOWN 97
21-Day M.A. DOWN 84
50-Day M.A. DOWN 66
200-Day M.A. DOWN 33
STO(Slow %K) 36
STO(Fast %K) 64
Wilders-RSI 38
OBOS 0
Bollinger Bands 19
RSV 1
POWER RATING -12


SCORE = 1

COMMENT


Moving Average Convergence/Devergence (MACD) indicates a BEARISH TREND
Chart pattern indicates a STRONG DOWNWARD TREND
Relative Strength is BEARISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is falling which is BEARISH
The 200 day MOVING AVERAGE is falling which is BEARISH
WATCH FOR RESISTANCE AT 0.95

RECOMMENDATION

AVOID THE STOCK
STOCK IS NOT A SHORT SALE CANDIDATE
IF YOU ARE LONG; CLOSE POSITION OR MONITOR STOCK CLOSELY

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