Chart Analysis indicates a "counter trend rally" is underway.
ASYST TECHNOLOGIES (ASYTQ) Sidelines Mode
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, ASYTQ scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average -15 New 3 Day Low on Wednesday -20 Last Price Below 20 Day Moving Average +25 New 3 Week High, Week Ending August 13th +30 New 3 Month High in May
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