Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?

To: Ren Liu who wrote (761)	1/14/1998 9:35:00 PM
From: Meghan Richards	Read Replies (1) \| Respond to of 2882

I guess I don't exactly understand your point Ren. If you study the current price/volume action on ADI's chart you will see that it is under heavy distribution. You can look at IBD's accumulation/distribution rating, On-Balance- Volume, the Money Flow indicator, the Money Stream indicator, Worden's Time-Segmented-Volume indicator or Worden's Balance- of-Power indicator. They all say the same thing ... ADI's stock is currently experiencing a period of distribution. Today ADI's price performance exhibited a group divergence which I find troublesome. If you compare the charts for ADI, MXIM and LLTC you will see they have all tracked each other quite nicely (this is easy to do with the charting capabilities here at SI). However, today there was a significant divergence ... ADI: -5.66% MXIM: +6.34% LLTC: +7.21% A divergence from a group 'can' sometimes be a warning of a troublesome event. Hopefully this won't be the case this time around.