Wednesday, March 10, 2010 10:39:01 PM
Weak Downtrend
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
Based on a pre-defined weighted trend formula for chart analysis, BDGR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
+15 New 3 Day High on Wednesday
+20 Last Price Above 20 Day Moving Average
-25 New 3 Week Low, Week Ending February 27th
-30 New 3 Month Low in February
-65 Total Score
Open High Low BDGR Price Change
0.0023 0.0023 0.0020 0.0021 0.0000
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