InvestorsHub Logo
Followers 52
Posts 3317
Boards Moderated 0
Alias Born 10/26/2013

Re: antihama post# 1691

Monday, 07/10/2017 10:43:31 PM

Monday, July 10, 2017 10:43:31 PM

Post# of 3283
What she say? (on technical analysis)

If you're looking for the simplest version of this, here it is -- when the short-term moving averages are above the long-term moving averages that indicates relative strength in the technical. Then see the current price relative to the highest moving average and you will have a "back of the envelope" technical indicator in your back pocket for any stock at any time.

The blending and weighting of numbers above created the technical model built by Capital Market Laboratories (www.CMLviz.com). Note the stock price at publication ($7.28), since the technical rating is based on intraday stock prices.

Technicals | Support: 5.6 | Resistance: 7.72


Golden Cross Alert: The 50 day MA is now above the 200 day moving average.
As we noted above -- the back of the envelope rule here is that when shorter-term moving averages move above the longer-term ones, momentum is building. We have that right now.

Swing Golden Cross Alert: The short-term 10 day moving average is now above the 50 day moving average.
When the shortest-term moving average (10-day in this case) moves above any other moving average (50-day in this case), momentum is climbing.

Spectrum Pharmaceuticals Inc has a four bull (high rated) technical rating because it's trading above both its 50- and 200 day simple moving averages. We do note that the stock is trading below the short-term 10 day moving average.

http://news.cmlviz.com/2017/07/10/price-alert-spectrum-pharmaceuticals-inc-nasdaq-sppi--stock-nears-resistance--technicals-hit-strength.html
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SPPI News