Friday, October 01, 2010 8:35:11 AM
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
Based on a pre-defined weighted trend formula for chart analysis, KATX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Wednesday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, Week Ending September 4th
+30 New 3 Month High in May
+55 Total Score
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