SWHI CHART INDICATOR STUDY: EOD 7/25
ACCUMULATION/DISTRIBUTION = assesses the cumulative flow of money into and out of a stock. SWHI sits at -106 which is very low buying pressure BUT this method has trouble pinpointing a reversal...move over to the Chaikin Ocsillator
CHAIKIN OSCILLATOR- This addresses more precisely what direction the readout of the Accumulation/Distribution line is likely to go (-106)....and the Chaikin Oscillator shows MASSIVE BULLISHNESS! is like the buttered bread to a feast.
Accumulation /Distribution This Oscillator reads -25 as of Friday 3:00 p.m. and was spiking nicely but to be honest looks like the .27 trade close turned it back down BUT if we have a GOOD OPEN....the bullish trend should become even more evident........Guess we stay tuned because we want both these to turn up for the long haul and we still have the MACD to evaluate that will help define the integrity of this one. If history repeats itself and SWHI bounces from this -25 we should see at least a .001 gain in pps creating new support well into the .002's!
MOVING AVERAGE CONVERGANCE/DIVERGANCE- Pretty simple....SWHI is riding steady above it's signal line with a (12,26,9) and a (6,13,4) MA working its way to cross "0" ...this shows steady increased strength or movement and creates a better looking picture for the previous indicators mentioned. The (6,13,4) is crossing "0" MONDAY!!!
CHAIKINS VOLATILITY INDICATOR= This ones great...rode "0" for months (can't tell by the chart) showing signs of a market bottom as less volatility (not in pps but trading activity) but as for the last 3 days SWHI has gone from 0 to 1 indicating "get ready"!!!BREAKOUT!!!
DIRECTIONAL MOVEMENT (DMI)= On July 14th SWHI's DMI+ crossed over DMI- showing a change in "trend" or "reversal"...the next day SWHI tapped the .0029 resistance. DMI+ is riding high bringing the average up showing an upward trend is in effect...this was backed up by Fridays again tapping the .0029 resistance!!!BREAKOUT!!!
MOMENTUM= SWHI is going up and "crossing 0 "!!! This indicator shows a a channel since July 1st(good sign) and a reversal previous months selling pressure
HI CHART INDICATOR: EOD 7/25
RELATIVE STRENGTH INDEX= This backs up the Momentum study...SWHI is at an up trending 47 after June 1st start of bottom floor channeling...this indicator is moving rapidly to "0" (a great buying indicator when crossed for the momo traders).....this is perfect and reflects a great time to get in and ride the wave!!!
ON BALANCE VOLUME= Once again spiking after a "long stall" moving from -125 to -70 in 2 days...this indicator preceeds price movement showing that SWHI pps should increase....and has a long way to go before being considered oversold! SCREAMING BIG MONEY$$$
VOLUME RATER OF CHANGE= again "crossing 0" to the upside.....good stuff!!!
RELATIVE STRENGTH INDEX= This backs up the Momentum study...SWHI is at an up trending 47 after June 1st start of bottom floor channeling...this indicator is moving rapidly to "0" (a great buying indicator when crossed for the momo traders).....this is perfect and reflects a great time to get in and ride the wave!!!
ON BALANCE VOLUME= Once again spiking after a "long stall" moving from -125 to -70 in 2 days...this indicator precedes price movement showing that SWHI pps should increase....and has a long way to go before being considered oversold! SCREAMING BIG MONEY$$$
VOLUME RATE OF CHANGE= again "crossing 0" to the upside.....good stuff!!!
