AI
Sunday, January 27, 2008 8:35:38 AM
Please take a look at the chart Phil.
See graph titled CMF how it is going from the bottom to midlevel inching into positive territory? That is another indicator that dilution has ceased.
Chaikin Money Flow (CMF): An oscillator that helps signal if a stock is undergoing accumulation or distribution. It is calculated from the daily readings of the Accumulation Distribution Line. The CMF is unlike a momentum oscillator in that it is not influenced by the daily price change. Instead, the indicator focuses on the location of the close relative to the range for the period (daily or weekly). See ChartSchool article on Chaikin Money Flow.
http://stockcharts.com/school/doku.php?id=chart_school:glossary_c
See graph titled CMF how it is going from the bottom to midlevel inching into positive territory? That is another indicator that dilution has ceased.
Chaikin Money Flow (CMF): An oscillator that helps signal if a stock is undergoing accumulation or distribution. It is calculated from the daily readings of the Accumulation Distribution Line. The CMF is unlike a momentum oscillator in that it is not influenced by the daily price change. Instead, the indicator focuses on the location of the close relative to the range for the period (daily or weekly). See ChartSchool article on Chaikin Money Flow.
http://stockcharts.com/school/doku.php?id=chart_school:glossary_c
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