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Re: maronti1 post# 24038

Tuesday, 02/09/2010 6:28:24 PM

Tuesday, February 09, 2010 6:28:24 PM

Post# of 32427
Yesterday, IMJX closed above its 13 day moving average. This is generally considered to an indication of a bullish trend.




MACD
The MACD for IMJX currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.

RSI
The RSI is currently at 57.97% which indicates that the stock is neither overbought nor oversold. Note the trend of the RSI to see if the internal strength of IMJX is improving or weakening.

Directional Movement Index
The +DI line is above the -DI line and the ADX is greater than 20. This is a bullish signal that indicates the stock is in a confirmed uptrend.