Tuesday, March 21, 2017 10:26:09 AM
Buy:sell, daily shorts & pps 03/20 2017 EOD
Everything suggests near-term strengthening for now. It looks like my "three-day window" may actually occur, which I think bodes well for longer-term behavior. I expect we'll hit my $0.83 target after successfully hitting the $0.80 pause today.
See the note below associated with today's larger trades details.
Today there was a Repeat Oil and Gas Customer to Receive First Capstone C600 Signature Series Three Bay Package Microturbine
Take note of the period ending at 11:55 had price moved on 11:45's 18K $0.80/1 and 11:51-:53's 54.9K hit $0.7950/$0.7999/$0.8000/90/$0.8100. These two periods were 22.38% of the day's volume and heavily biased towards "buys" as the buy percentage was moved from 11:30's 53.48 to 11:55's 65.24%
There were two pre-market trades: 8:52 $0.80 x 3K, 9:10 $0.78 x 300.
09:30-09:59 opened the day with a 4,358 sell for $0.7634 & $0.79 x 90, $0.7634 x 1, x 15. B/a just after open was 100:2,1K $0.76/8. Then came 9:31's 1K $0.7799, 9:33's 100 $0.7798, 9:34's 4.6K $0.78 (100)/$0.7799, 9:39's b/a 100:1.1K $0.7631/$0.78, 9:54's b/a 300:1.1K $0.7701/$0.78, 9:57's 100 $0.7752, and the period ended on 9:59's 450 $0.7754.
10:00-11:23, after five no-trades minutes, began extremely low/no-volume $0.77/8, with slowly rising lows, on 10:06's 400 $0.7706/7. B/a at 10:07 was 1.5K:1.5K $0.7708/$0.7800 (bids rising), 10:18 500:1.1K $0.77/8, 10:25 1.5K:300 $0.7709/$0.78, 10:27 1.3K:100 $0.7716/$0.78 (bids rising), 10:32 1.5K:400 $0.7725/$0.78, 10:36 1K:500 $0.7732/$0.78, 10:50 2.5K:200 $0.7711/$0.78 (bids rising), 11:03 1.5K:600 $0.7720/$0.78 (bids rising), 11:17 1.7K:200 $0.7751/$0.78. The period ended on 11:23's 11.5K $0.78.
The time here suggests that maybe the west coasties arrived?
11:24-11:55 began a mostly extremely low/no-volume rise from 11:25's 10.4K $0.7879/$0.79/$0.7896/99/$0.79/$0.7876/80/$0.79. B/a at 11:24 was 500:400 $0.7751/$0.7898, 11:32 1.1K:12.5K $0.7853/$0.79 (bids rising)1s. Volume was interrupted as price was moved on 11:45's 18K $0.80/1. B/a at 11:48 was 100:2.6K $0.7905/50 (bids jiggling3/6). 11:51-:53's 54.9K hit $0.7950/$0.7999/$0.8000/90/$0.8100 and the period ended on 11:55's 5.3K $0.8176/$0.82/$0.8153/$0.82/$0.8153/2/1/0/$0.82.
11:56-13:00 began extremely low/no-volume $0.8002 (12:08)/$0.81, with quickly rising lows, on 11:56's 6.5K $0.8100/54. B/a at 12:02 600:4.1K $0.80/$0.81, 12:17 400:4K $0.8037/$0.81. By 12:18 the spread was $0.8090/$0.81. B/a at 12:32 was 800:4.1K $0.8090/$0.81, 12:50 100:4.1K $0.8092/$0.81. The period ended on 13:00's 780 $0.8093/2/1.
13:01-13:35 began an extremely low/no-volume sag, to 13:15's $0.795, on 13:00's 790 $0.8095/4/4/3. B/a at 13:03 was 600:500 $0.8002/3. 13:16 onward did extremely low/no-volume $0.7952/88 with slowly rising range. B/a at 13:19 was 400:200 $0.7951/86 (bids jiggling 1/2 and backed by presented 17K $0.7950), 13:32 200:200 $0.7964:97 (bids jiggling 3/4 & rising). The period ended on 13:35's 100 $0.7997.
13:36-15:09 during the first 20 no-trades minutes had b/a at 13:47 of 200:7.2K $0.7973/$0.80. Trade began an extremely low/no-volume, mostly, drop on 13:57's 27.5K $0.7990/70/50/90/50/49/46/87/90 (12.8K incl 11.7K blk)/89/90. B/a at 14:03 was 200:200 $0.7905/63. 14:06-:07's 21.6K hit $0.7905/16/00. Trade began very low/no-volume $0.7900/35, with falling highs. B/a at 14:17 was 100:300 $0.7910/23. Volume was interrupted by 14:20-:21's 13.4K $0.7900/20/15/79. B/a at 14:28 was 1.1K:400 $0.7900/6. 14:34 began extremely low/no-volume $0.7900/85 with slowly rising highs. B/a at 14:48 was 1.7K:600 $0.7900/87, 15:02 2.4K:500 $0.7900/87. The period ended on 15:09's 100 $0.7943.
15:10-16:00, after two no-trades minutes, began extremely low/no-volume $0.7999/$0.80 on 15:12's 10.8K $0.7979/90//79/... /90/75/ ... /99/90/$0.80 and 15:13's 3.5K $0.80/$0.7999 ... /$0.80. B/a at 15:27 was 600:4.7K $0.7923/$0.80, 15:32 400:4.7K $0.7942/$0.80, 15:47 700:8.5K $0.7914/$0.80 (bids rising). Volume was interrupted by 15:49's 12.8K $0.7995 (7.5K)/$0.80 (5.3K). B/a at 15:55 was 1.7K:3.1K $0.7902/$0.80 (bids backed by presented 79.5K $0.79), 15:58 900:3.1K $0.7906/$0.80. The period and day ended on 15:59's 2.6K $0.7967 (2.5K)/$0.80 and 16:00's 125 $0.80 (good to see some normal MM behavior again).
There were no AH trades.
Excluding the opening and closing trades (didn't qualify), there were 22 larger trades (>=5K & 7 4K+) totaling 135,844, 41.70% of day's volume, with a $0.7923 VWAP. For the volume, the count seems a bit higher than normal. The percentage of day's volume is high as well. In combination, and with the intra-day behavior and price improvement, buy percentage, ... I think all this is probably normal for a very bullish in the market today, thanks to another nice O&G order PR I would guess.
As always, is it a short-term bullishness or longer-term? Will the recent continuation of the up leg, and percentage improvements in price and volume trigger the alerts-o-sphere and bring in momo traders? Will that cause the "three-day window" to finally begin operation again in this symbol?
Beyond that, note how well the VWAP behaved - generally a nice steady trend higher and supported by good volume. It's been a while since we got such a nice response from an order PR, or any PR for that matter.
On the traditional TA front, movements were:
On my minimal chart the good behavior suggested by yesterday's breakout confirmation continued, likely supported by the PR. So now I watch to see if we get a "three-day window" behavior or we immediately begin a big drop, as has been so common in the recent past.
If we get the "three-day window", we have the possibility that a bullish cup and handle may form as the cup portion is now firmly developed. Something to watch for.
Our high came within a penny of my $0.83 target and I think there's a strong possibility it will hit it tomorrow, and maybe even have a very nice overshoot. The stage is set.
The fast and slow EMS continued the rise began two days back and the fast EMA is $0.0261 above the slow EMA. This is supposed to be quite bullish.
The day's range was completely, and far, above the mid-point of the experimental 13-period Bollinger band, which has a more slowly rising mid-point now.
On my one-year chart the 200-day SMA continued falling. The 50-day SMA had made its cross to rising, three days back declined 2/100ths of a penny and two day's back rose 6/100ths. Yesterday it declined 2/100ths. Today it flipped to rising again and if we get the behavior I expect I expect the rise to be more sustained.
The 10-day SMA began rising and the 20-day SMA stopped declining and went flat. The 10-day, which had moved from 1.95 to 1.84 to 1.72 cents below the 20-day went to $0.1.32 below. It won't take much to cause a cross above.
If we hold here we'll get 9 days (was 1 declining) of rising 10-day SMA. The 20-day would have 19 (was 4 decline) days of rise, including 1 almost-flat day. The 50 will rise 14 days, go flat 1 day, fall 2 days, and then rise 10 days - short form is we'll get the "waves" I spoke of recently. The 200-day would fall ~110 (was ~120) days and then rise about 30 days. Of course, we won't just "hold here - we'll be doing normal up/down waves as we have various types of traders, shorters and MMs affecting the market, along with any news about the company or it's fundamentals.
He-he! How about an earnings pre-announcement that's quite positive for a change! That would be a nice surprise.
.
Yesterday the oscillators I watch had very marginal deterioration in RSI and accumulation/distribution. There was substantial improvement in MFI (untrusted by me) and momentum, marginal improvement in Williams %R, and big improvement in full stochastic and ADX-related. Everything except accumulation/distribution and ADX-related are above neutral. Nothing is overbought.
Today had improvement in every one. Williams %R and full stochastic entered overbought. All others, but for accumulation/distribution, are above neutral and RSi and MFI (untrusted by me) are just below overbought.
The experimental 13-period Bollinger limits, $0.6845 and $0.7969 ($0.6917 and $0.7821 yesterday), continued diverging with a rising mid-point, as the upper limit rose faster than the lower limit declined.
All in, bring on the toreadors as the bulls seem to be running wild in the ring!
Percentages for daily short sales and buys moved in the same direction, good, and even better is that both are in "normal" and bullish ranges that don't strongly suggest a big "correction" is likely in those readings.
The short percentage retreated to be right at the top of my desired range (needs re-check) and the buy percentage is in a range strongly suggestive of more near-term upside without be so high as to suggest we ought to see a correction, especially an "overshoot" of the correction.
The spread widened and is no in the range that says movement is likely. It was produc3d by intra-day behavior of the good kind - a nice open low and move smartly up and back down through 9:27, recover a bit, got flat and the make a nice move higher beginning around 11:20. After completing the rise around 11:55, the retrace through about 14:10 was only about 50%-60% of the gain and was followed by a short flat and rise into the close. The only weakness was the volume into the close was great.
The VWAP's last twenty-four readings held steady for the second day at 11 negative and 13 positive. Change since 01/13 is $0.0567, 7.68%, and the averages of the rolling 24-day period seen in the last few days (latest first) are now 0.3424%, 0.3026%, 0.1137%, 0.1860%, 0.1388%, 0.0588%, -0.1941%, -0.2735%, -0.5653%, and -0.5663%. Note the changes in the average change over the 24 days now has six consecutive positives.
All in, nothing here suggests weakness.
Bill
Everything suggests near-term strengthening for now. It looks like my "three-day window" may actually occur, which I think bodes well for longer-term behavior. I expect we'll hit my $0.83 target after successfully hitting the $0.80 pause today.
See the note below associated with today's larger trades details.
Today there was a Repeat Oil and Gas Customer to Receive First Capstone C600 Signature Series Three Bay Package Microturbine
Take note of the period ending at 11:55 had price moved on 11:45's 18K $0.80/1 and 11:51-:53's 54.9K hit $0.7950/$0.7999/$0.8000/90/$0.8100. These two periods were 22.38% of the day's volume and heavily biased towards "buys" as the buy percentage was moved from 11:30's 53.48 to 11:55's 65.24%
There were two pre-market trades: 8:52 $0.80 x 3K, 9:10 $0.78 x 300.
09:30-09:59 opened the day with a 4,358 sell for $0.7634 & $0.79 x 90, $0.7634 x 1, x 15. B/a just after open was 100:2,1K $0.76/8. Then came 9:31's 1K $0.7799, 9:33's 100 $0.7798, 9:34's 4.6K $0.78 (100)/$0.7799, 9:39's b/a 100:1.1K $0.7631/$0.78, 9:54's b/a 300:1.1K $0.7701/$0.78, 9:57's 100 $0.7752, and the period ended on 9:59's 450 $0.7754.
10:00-11:23, after five no-trades minutes, began extremely low/no-volume $0.77/8, with slowly rising lows, on 10:06's 400 $0.7706/7. B/a at 10:07 was 1.5K:1.5K $0.7708/$0.7800 (bids rising), 10:18 500:1.1K $0.77/8, 10:25 1.5K:300 $0.7709/$0.78, 10:27 1.3K:100 $0.7716/$0.78 (bids rising), 10:32 1.5K:400 $0.7725/$0.78, 10:36 1K:500 $0.7732/$0.78, 10:50 2.5K:200 $0.7711/$0.78 (bids rising), 11:03 1.5K:600 $0.7720/$0.78 (bids rising), 11:17 1.7K:200 $0.7751/$0.78. The period ended on 11:23's 11.5K $0.78.
The time here suggests that maybe the west coasties arrived?
11:24-11:55 began a mostly extremely low/no-volume rise from 11:25's 10.4K $0.7879/$0.79/$0.7896/99/$0.79/$0.7876/80/$0.79. B/a at 11:24 was 500:400 $0.7751/$0.7898, 11:32 1.1K:12.5K $0.7853/$0.79 (bids rising)1s. Volume was interrupted as price was moved on 11:45's 18K $0.80/1. B/a at 11:48 was 100:2.6K $0.7905/50 (bids jiggling3/6). 11:51-:53's 54.9K hit $0.7950/$0.7999/$0.8000/90/$0.8100 and the period ended on 11:55's 5.3K $0.8176/$0.82/$0.8153/$0.82/$0.8153/2/1/0/$0.82.
11:56-13:00 began extremely low/no-volume $0.8002 (12:08)/$0.81, with quickly rising lows, on 11:56's 6.5K $0.8100/54. B/a at 12:02 600:4.1K $0.80/$0.81, 12:17 400:4K $0.8037/$0.81. By 12:18 the spread was $0.8090/$0.81. B/a at 12:32 was 800:4.1K $0.8090/$0.81, 12:50 100:4.1K $0.8092/$0.81. The period ended on 13:00's 780 $0.8093/2/1.
13:01-13:35 began an extremely low/no-volume sag, to 13:15's $0.795, on 13:00's 790 $0.8095/4/4/3. B/a at 13:03 was 600:500 $0.8002/3. 13:16 onward did extremely low/no-volume $0.7952/88 with slowly rising range. B/a at 13:19 was 400:200 $0.7951/86 (bids jiggling 1/2 and backed by presented 17K $0.7950), 13:32 200:200 $0.7964:97 (bids jiggling 3/4 & rising). The period ended on 13:35's 100 $0.7997.
13:36-15:09 during the first 20 no-trades minutes had b/a at 13:47 of 200:7.2K $0.7973/$0.80. Trade began an extremely low/no-volume, mostly, drop on 13:57's 27.5K $0.7990/70/50/90/50/49/46/87/90 (12.8K incl 11.7K blk)/89/90. B/a at 14:03 was 200:200 $0.7905/63. 14:06-:07's 21.6K hit $0.7905/16/00. Trade began very low/no-volume $0.7900/35, with falling highs. B/a at 14:17 was 100:300 $0.7910/23. Volume was interrupted by 14:20-:21's 13.4K $0.7900/20/15/79. B/a at 14:28 was 1.1K:400 $0.7900/6. 14:34 began extremely low/no-volume $0.7900/85 with slowly rising highs. B/a at 14:48 was 1.7K:600 $0.7900/87, 15:02 2.4K:500 $0.7900/87. The period ended on 15:09's 100 $0.7943.
15:10-16:00, after two no-trades minutes, began extremely low/no-volume $0.7999/$0.80 on 15:12's 10.8K $0.7979/90//79/... /90/75/ ... /99/90/$0.80 and 15:13's 3.5K $0.80/$0.7999 ... /$0.80. B/a at 15:27 was 600:4.7K $0.7923/$0.80, 15:32 400:4.7K $0.7942/$0.80, 15:47 700:8.5K $0.7914/$0.80 (bids rising). Volume was interrupted by 15:49's 12.8K $0.7995 (7.5K)/$0.80 (5.3K). B/a at 15:55 was 1.7K:3.1K $0.7902/$0.80 (bids backed by presented 79.5K $0.79), 15:58 900:3.1K $0.7906/$0.80. The period and day ended on 15:59's 2.6K $0.7967 (2.5K)/$0.80 and 16:00's 125 $0.80 (good to see some normal MM behavior again).
There were no AH trades.
Excluding the opening and closing trades (didn't qualify), there were 22 larger trades (>=5K & 7 4K+) totaling 135,844, 41.70% of day's volume, with a $0.7923 VWAP. For the volume, the count seems a bit higher than normal. The percentage of day's volume is high as well. In combination, and with the intra-day behavior and price improvement, buy percentage, ... I think all this is probably normal for a very bullish in the market today, thanks to another nice O&G order PR I would guess.
As always, is it a short-term bullishness or longer-term? Will the recent continuation of the up leg, and percentage improvements in price and volume trigger the alerts-o-sphere and bring in momo traders? Will that cause the "three-day window" to finally begin operation again in this symbol?
He-he! Haven't seen this sort of good stuff with big volume for some time. Buy percentage was nice, but not so excessive that I suspect an immediate big pull-back, although there will be some as profit-takers, shorters, swing, and momo traders, and MMs do their thing. This especially if the volume and price alerts facilities jump into action.Ending Period Period Period __Per. Trade_ Period_ % Day_ Per. End
Period Volume Low High _Dollar Val._ VWAP___ Volume Buy ~%
09:59 13858 $0.7634 $0.8000 $10,793.78 $0.7789 4.25% 34.90% Incl 09:34 $0.7799 4,450
11:23 40828 $0.7700 $0.7800 $31,773.53 $0.7782 12.53% 44.87% incl 10:22 $0.7792 9,000 $0.7800 5,000
11:23 $0.7800 10,000
11:55 97952 $0.7800 $0.8200 $78,140.84 $0.7977 30.07% 65.24% Incl 11:25 $0.7900 8,500 11:45 5,000 4,500
11:45 $0.7900 5,510 11:52 $0.8000 7,000
11:53 $0.8000 4,204 5,000 $0.8100 5,000
13:00 30015 $0.8002 $0.8154 $24,261.23 $0.8083 9.21% 59.05%
13:35 14730 $0.7950 $0.8060 $11,785.19 $0.8001 4.52% 59.48% Incl 13:20 $0.7986 4,200
15:09 95858 $0.7900 $0.7990 $76,041.02 $0.7933 29.43% 53.78% Incl 13:57 $0.7990 11,742 14:06 $0.7916 7,000
14:07 $0.7900 4,200 14:20 9,066
14:21 $0.7900 4,450 14:39 $0.7959 5,000
14:43 $0.7987 5,000
16:00 30319 $0.7967 $0.8000 $24,230.60 $0.7992 9.31% 57.12% Incl 15:49 $0.7995 7,500 $0.8000 4,522
Beyond that, note how well the VWAP behaved - generally a nice steady trend higher and supported by good volume. It's been a while since we got such a nice response from an order PR, or any PR for that matter.
On the traditional TA front, movements were:
Yowzah! This could become a habit. An up-leg converted from weak and iffy to one that is solid, suggested by the supporting volume behaviors. Of course, it could end tomorrow but I would expect that we would, as is more common in normal symbols that have normal mixtures of market sentiment (we've not had such for a long time), get the usual early warnings such as volume growth reducing or even declining volume, price range starting to show symptoms of rolling over, etc.__Open_ ___Low_ __High_ _Close_ Volume_
Today 0.45% 1.79% 5.53% 5.28% 92.95%
Prior 5.56% 4.17% 2.24% -0.01% 78.07%
On my minimal chart the good behavior suggested by yesterday's breakout confirmation continued, likely supported by the PR. So now I watch to see if we get a "three-day window" behavior or we immediately begin a big drop, as has been so common in the recent past.
If we get the "three-day window", we have the possibility that a bullish cup and handle may form as the cup portion is now firmly developed. Something to watch for.
Our high came within a penny of my $0.83 target and I think there's a strong possibility it will hit it tomorrow, and maybe even have a very nice overshoot. The stage is set.
The fast and slow EMS continued the rise began two days back and the fast EMA is $0.0261 above the slow EMA. This is supposed to be quite bullish.
The day's range was completely, and far, above the mid-point of the experimental 13-period Bollinger band, which has a more slowly rising mid-point now.
On my one-year chart the 200-day SMA continued falling. The 50-day SMA had made its cross to rising, three days back declined 2/100ths of a penny and two day's back rose 6/100ths. Yesterday it declined 2/100ths. Today it flipped to rising again and if we get the behavior I expect I expect the rise to be more sustained.
The 10-day SMA began rising and the 20-day SMA stopped declining and went flat. The 10-day, which had moved from 1.95 to 1.84 to 1.72 cents below the 20-day went to $0.1.32 below. It won't take much to cause a cross above.
If we hold here we'll get 9 days (was 1 declining) of rising 10-day SMA. The 20-day would have 19 (was 4 decline) days of rise, including 1 almost-flat day. The 50 will rise 14 days, go flat 1 day, fall 2 days, and then rise 10 days - short form is we'll get the "waves" I spoke of recently. The 200-day would fall ~110 (was ~120) days and then rise about 30 days. Of course, we won't just "hold here - we'll be doing normal up/down waves as we have various types of traders, shorters and MMs affecting the market, along with any news about the company or it's fundamentals.
He-he! How about an earnings pre-announcement that's quite positive for a change! That would be a nice surprise.
. Yesterday the oscillators I watch had very marginal deterioration in RSI and accumulation/distribution. There was substantial improvement in MFI (untrusted by me) and momentum, marginal improvement in Williams %R, and big improvement in full stochastic and ADX-related. Everything except accumulation/distribution and ADX-related are above neutral. Nothing is overbought.
Today had improvement in every one. Williams %R and full stochastic entered overbought. All others, but for accumulation/distribution, are above neutral and RSi and MFI (untrusted by me) are just below overbought.
The experimental 13-period Bollinger limits, $0.6845 and $0.7969 ($0.6917 and $0.7821 yesterday), continued diverging with a rising mid-point, as the upper limit rose faster than the lower limit declined.
All in, bring on the toreadors as the bulls seem to be running wild in the ring!
Percentages for daily short sales and buys moved in the same direction, good, and even better is that both are in "normal" and bullish ranges that don't strongly suggest a big "correction" is likely in those readings.
The short percentage retreated to be right at the top of my desired range (needs re-check) and the buy percentage is in a range strongly suggestive of more near-term upside without be so high as to suggest we ought to see a correction, especially an "overshoot" of the correction.
The spread widened and is no in the range that says movement is likely. It was produc3d by intra-day behavior of the good kind - a nice open low and move smartly up and back down through 9:27, recover a bit, got flat and the make a nice move higher beginning around 11:20. After completing the rise around 11:55, the retrace through about 14:10 was only about 50%-60% of the gain and was followed by a short flat and rise into the close. The only weakness was the volume into the close was great.
The VWAP's last twenty-four readings held steady for the second day at 11 negative and 13 positive. Change since 01/13 is $0.0567, 7.68%, and the averages of the rolling 24-day period seen in the last few days (latest first) are now 0.3424%, 0.3026%, 0.1137%, 0.1860%, 0.1388%, 0.0588%, -0.1941%, -0.2735%, -0.5653%, and -0.5663%. Note the changes in the average change over the 24 days now has six consecutive positives.
All in, nothing here suggests weakness.
Bill
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