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Thursday, February 07, 2013 2:32:28 AM
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops. Based on a pre-defined weighted trend formula for chart analysis, VPER scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
+10Last Hour Close Above 5 Hour Moving Average
+15New 3 Day High on Friday
+20Last Price Above 20 Day Moving Average
+25New 3 Week High, January 14th
-30New 3 Month Low on June 22
+70Total Score
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