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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (9604)6/4/1998 6:48:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
bay did very well:

CSS II:
Analysis of BAY NETWORK
(BAY)

Reviewed on 6/4/98

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High: 31.063
Low: 28.313
Close: 30.938
Change: 3.000 (10.7383%)

Volume Today: 10,557,300 shares.

On 6/4/98, BAY NETWORK closed up 3.0000 at 30.9375 on volume 131.86% above average.
****************************

Summary:

Moving Averages

BAY NETWORK closed at: 30.938

The close is currently Above its 5 period exponential moving average (28.5984).

The close is currently Above its 9 period exponential moving average (27.8326).

The close is currently Above its 21 period exponential moving average (26.7236).

The close is currently Above its 50 period exponential moving average(26.3197).

The close is currently Above its 200 period exponential moving average (27.5789).

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Candlesticks (Automatically done by Metastock. Accuracy Unverified)

A big white candle occurred. This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area (e.g., a moving average, trendline, or retracement level), the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 21 white candles and 26 black candles for a net of 5 black candles.