Short
Term Trend Checklist (under 20
trading days)
Checklist
calculations
| Stock
Check List - DJIA short term
trend checklist |
| Stock:
DJIA |
BUY/SELL
Rating: -4.5
|
Date:
April 29th, 2005 |
| Indicator |
Confirming |
Negating |
Trendlines
(read report)
|
|
Downtrend |
Candlestick
patterns
(Pattern
Page) |
bullish
candle |
|
5
& 20 day SMA's
(read report)
|
|
5 & 20 day SMA down |
|
MACD
(read report)
MACD-H
(read report)
|
|
MACD downtrend
MACD-H downtrend |
|
Slow Stochastics
(read report)
|
|
Even
thought the stochastics have
crossed and have just entered
a overbought condition, the
overall trend of the stochastics
are down, in this case, this
signal is false and the trend
will go down. (short term) |
| __________________________________________________________________________ |
| Points: |
0.5
positive |
5
negative |
Comments:
We
also should see a bit more to
go in this downtrend, there are
no confirming signals.
To
see screening examples of the
stochastics see our signals page:
| Stochastics
(Slow) |
Buy
when Stochastic has crossed
below 20%, reached 5%, and
then crossed back up through
20%.
Sell
when Stochastic has crossed
above 80%, reached 95%, and
then crossed back down through
80%.
Buy
when the %K line crosses above
the %D line
Sell
when the %K line crosses below
the %D line. |
Slow
Stochastic Chart and Screener
Examples |
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|
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