InvestorsHub Logo
Followers 20
Posts 690
Boards Moderated 0
Alias Born 02/12/2010

Re: None

Wednesday, 08/27/2014 11:37:03 AM

Wednesday, August 27, 2014 11:37:03 AM

Post# of 290
Here's what Scottrade says about the 1 yr chart at 10:36am:

Simple Moving Average (SMA)
SBOTF' is trading above its 13 day simple 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 suggests that there has been buying interest in this stock.

Bollinger Bands ®
SBOTF' is presently near its upper Bollinger Band. This suggests that it is at a high level relative to recent action.

Stochastics
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 may now be overbought. The overbought condition suggests that the upwards momentum experienced in this stock may not be sustainable.

Relative Strength Index (RSI)
The RSI, which is currently at 84.24% and above the critical level of 70, suggests that SBOTF is overbought. While a stock that is overbought may continue to rally, investors should be especially careful when SBOTF begins to lose strength and RSI dips below 70.

On Balance Volume
The On Balance Volume indicator (OBV) presently offers a bullish signal. This is because the slope of the indicator is positive and suggests that there is considerable buying interest.

Directional Movement Index (DMI)
The +DI line is above the -DI line and the ADX is greater than 20. This is a bullish signal that indicates the stock is in a confirmed uptrend.

Moving Average Convergence Divergence(MACD)
The MACD for SBOTF currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.