TSXV:NET.UN - Post by User
Post by
MolyMadeMeRichon Nov 19, 2009 4:28pm
330 Views
Post# 16505228
Good..Very good...$$$$
Good..Very good...$$$$
Technical Indicators
- The 20 and 50 day moving averages indicate that NET may be in a bullish trend. This is because the 20 day moving average is above the 50 day moving average.
- NET is trading above its 20 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and signals that there has been buying interest in this stock.
- NET is trading within its Bollinger Bands. This is a normal condition and means that the stock is neither overbought nor oversold relative to the price action over the last 20 days.
Note: Momentum and Volume indicators below are ranked by the relevance of their current signals.
MACD - Moving Average Convergence Divergence
- The MACD is presently offering a bullish signal because it is above the signal line, a 9 day moving average, and higher than 0, which means that the underlying moving averages are trending higher.
- The On Balance Volume indicator (OBV) presently offers a bullish signal. This is because the slope of the indicator is positive and shows that there is considerable buying interest.
- The Stochastic Oscillator is registering a bullish signal as the %K line is above the %D; however the oscillator has moved above the critical value of 80 and is now overbought.
- The Volume Rate of Change has just spiked. This important volume signal will help confirm the direction of the most current trend.
RSI - Relative Strength Indicator
- The RSI is currently at 62.17% which indicates that the stock is neither overbought nor oversold. You should note the trend of the RSI to see if the internal strength of NET is improving or weakening.