Hi JJAMMAANN,
I would caution you or anyone that reads our posts to not rely too much on the accumulation distribution indicator for a thinly traded stock such as CRVP. I include the indicator in my charts and pay a little bit of attention to it for some of the stocks that I hold that are quite liquid and have large volume (Ford, GE, etc).
It's my opinion that, the A/D indicator suffers from the same problems that many of the technical indicators suffer from - it shortcuts the true volume/price information by relying on just the high, low, open, and/or close prices, not the full detail of the full trade prices and volumes for the day. Stocks with very large volume and relatively slow changes in price don't get distorted much by this. I think that low priced thinly traded stocks like CRVP can easily get distorted results on this indicator by just a few carefully chosen buys or sells that are often under $50 if timed to modify the high/low or close. I've been using the stochastic indicator to help me decide exactly when to pull the trigger on a buy or sell of stocks and options that I'm prepared to make a trade on for a lot of years now. I never, ever, use any of these indicators to help me decide when to buy or sell CRVP. I really can't tell if it's a form of price manipulation, or if the thin trade volume makes things extremely volatile. The buys and sells of a couple of hundred shares here and there can have a very large effect on the indicators. Perhaps this is all "indicator engineering" intended to suck in the investors that rely on technical indicators - perhaps it's just a random effect of a very low volume stock that sells at a really low price that still sells on a major exchange.
I'm not a stock manipulator, and I don't play one on TV. But if I was a dishonest manipulator of stock prices, CRVP would be high on my list of candidates- low price, low volume, long history and not delisted and not bankrupt, price can easily be manipulated.
