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Presented By: Brent Penzo Jessica Allen Zach Jennings
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Support & Resistance LevelsClosing ArmsPrice ChannelMoving Average
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Support Level = $44.18 Resistance Level was broken on April 26 th, 2010 with a stock price of $48.05. This indicates that the stock price will continue in this upward direction.
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Declining Volume = 404,934,080 Declining Issues = 1,242 404,934,080/1,242 = 326,033.8808 Advancing Volume = 1,034,875,113 Advancing Issues = 1,849 1,034,875,113/1,849 = 559,694.4905 Closing Arms =.5825211545 Arms < 1 Meaning the market is bullish.
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The Price Channel shows a continuation pattern sloping upwards which signals a favorable stock to invest in.
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Both 50 and 200 day Moving Average are increasing which indicates favorable short term and long term out looks.
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GOOD
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