US Precious Metals (fka USPR)

[gnolfinvestor]

i totally disagree with your interpretation of the accum/dist line. first, as long as the line is currently above midline, then stock is currently accumulating. second, as long as the trend (not a daily blip) is upwards, then the trend is accumulation.

btw, the whole line is relative to current indications. so do not interpret the earlier part of the chart as being negative. it just reflects that the trend is getting more positive - more accumulation. if you had looked at the accum/dist line a few months back, the most current part of the line would have been in the upper half. again, it is a relative measure trendwise.

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:accumulation_distribution_line

this is stockcharts explanation of the accum/dist line