Scottrade Indicators for PELE
Get ready for the explosion. Today was just a hint of what is yet to come.
Bollinger Bands
PELE is above the upper Bollinger Band, implying that it is currently extended from its recent trend. Be aware, however, that a cross outside of the Bollinger Bands can sometimes be a signal of trend strength and not, necessarily, trend reversal. .
Parabolic Stop and Reverse (PSAR)
Wednesday, PELE closed above the trigger point for the Parabolic SAR and is currently registering a bullish signal. The current Significant Point, below which a reversal to the bearish side would occur, is 0.04
Divergence (MACD)
The MACD for PELE currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher
Stochastics
The Stochastic Oscillator is registering a strong bullish signal as the %K has crossed above the %D and the oscillator recently moved above the critical value of 20 and is no longer oversold
Stochastics
The Stochastic Oscillator is registering a strong bullish signal as the %K has crossed above the %D and the oscillator recently moved above the critical value of 20 and is no longer oversold.
Relative Strength Index (RSI)
The RSI is currently at 63.74% which indicates that the stock is neither overbought nor oversold. Note the trend of the RSI to see if the internal strength of PELE is improving or weakening.
