To: Urlman who wrote (13565 ) 8/2/1998 4:36:00 PM From: Chris Read Replies (2) | Respond to of 42787
Hi urlman (MACR), yes, big volume on friday. currently testing the 50 day ema.. i wouldn't take a position until it is broken (2 day for confirmation) but, if 50 day ema is too strong, then look for another retouch near 200 day ema CSS III: Analysis of MACROMEDIA (MACR) Reviewed on 7/31/98 **************************** High: 16.500 Low: 15.500 Close: 16.375 Change: 1.000 (6.5041%) Volume Today: 994,200 shares. On 7/31/98, MACROMEDIA closed up 1.0000 at 16.3750 on volume 70.58% above average. **************************** Summary: MOVING AVERAGES MACROMEDIA closed at: 16.375 The close is currently Above its 5 period exponential moving average (15.5469). The close is currently Above its 9 period exponential moving average (15.6592). The close is currently Above its 13 period exponential moving average (15.9079). The close is currently Above its 21 period exponential moving average (16.2844). The close is currently Below its 50 period exponential moving average(16.3955). The close is currently Above its 200 period exponential moving average (14.0335). ********************************************* TREND STRENGTH: - this number represents the trend strength. Ideally, for going long, you want to see a rising value for each progressing day. A low reading (around 20's-40's) represents an oversold condition - this could mean that uptrend might just be starting. A high reading (around 80's-90's) represents an overbought condition - this could mean that uptrend might be limited/topping. Trend Strength for the Last 10 Days 19.6297 15.8297 14.4549 16.5199 16.6484 18.9746 21.4890 24.3625 27.8429 31.8204 32.7085 Super MACD Currently the MACD is bearish since it is trading below its signal line.The MACD crossed below its signal line 17 period(s) ago. Since the MACD crossed its moving average, MACROMEDIA's price has decreased 9.66%, and has ranged from a high of 19.313 to a low of 14.000. SUPER RELATIVE STRENGTH (Super RSI) This customized RSI shows overbought (above 80) and oversold (below 20) areas. The current value of the Super RSI is 23.04. The Super RSI can also be used with when it moves above and below the 60 trigger line. Currently is Below the 60 trigger line. PARABOLIC STOP AND REVERSE (SAR) An SAR Buy signal was generated today. If you are short, this might be a good place to exit. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. Always use other indicators/forms of analysis to confirm.