To: Magnatizer who wrote (14018 ) 8/5/1998 7:56:00 PM From: Chris Read Replies (2) | Respond to of 42787
NAZ stats : lows tested the 200 day ema.. good bounce today. notice the indices are all low in trend strength levels. thus we should good a "oversold rally". CSS III: Analysis of NASDAQ COMP (.IXIC) Reviewed on 8/5/98 **************************** High: 1,804.600 Low: 1,750.810 Close: 1,788.200 Change: 2.560 (0.1434%) Volume Today: 0 shares. On 8/5/98, NASDAQ COMP closed up 2.5599 at 1,788.2000 on volume 0.00% below average. **************************** Summary: MOVING AVERAGES NASDAQ COMP closed at: 1,788.200 The close is currently Below its 5 period exponential moving average (1,830.5525). The close is currently Below its 9 period exponential moving average (1,861.9396). The close is currently Below its 13 period exponential moving average (1,879.7708). The close is currently Below its 21 period exponential moving average (1,892.1116). The close is currently Below its 50 period exponential moving average(1,877.4132). The close is currently Above its 200 period exponential moving average (1,755.5790). ********************************************* 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 Today's value is the first line. 23.4320 26.6210 30.4240 34.7703 39.7375 42.1703 48.1946 55.0795 62.6737 71.6271 81.8596 Super MACD Currently the MACD is bearish since it is trading below its signal line.The MACD crossed below its signal line 20 period(s) ago. Since the MACD crossed its moving average, NASDAQ COMP's price has decreased 7.61%, and has ranged from a high of 2,028.180 to a low of 1,750.810. 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 8.95. 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) There were no SAR signals generated today. The last signal was a Sell 11 period(s) Ago. 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.