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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Bulldozer who wrote (309)5/11/1999 7:30:00 AM
From: Roger Brown  Read Replies (2) | Respond to of 24042
 
Performed an intersting check of average lows.

Going back to 11/17/97 and taking a 4 week moving average for the stock price low for the week, UNPH is currently in the 67th percentile with a 3.5% change last week.

This means that we did well achieving higher lows on a 4 week average last week.

The 5 weeks from April 5th to May 3rd, the 4 week low average went from $106.1 to $110.2. We broke out last week to $114.0.

If our current low this week sticks, we'll be at the 77th percentile at weeks end with a 4.7% gain, pegging the low at $119.30

If these aren't good technicals, not sure what is.