If you are
a subscriber to our free newsletter service,
our March issue describes how to develop
a checklist when evaluating a stock. This
will help take some of the confusion out
of decision making.
Currently on
our MSO watch, we have applied the checklist
since March 06.
March
06 checklist (trend reverse)
March 07 checklist (downtrend)
March 08 checklist
(downtrend)
March 09 checklist
(downtrend)
March 10 checklist
(downtrend)
March 11 checklist
(downtrend)
March 14 checklist
(downtrend)
March 15 checklist
(downtrend)
March 16 checklist
(downtrend - possible correction)
March 17 checklist
(downtrend - possible correction)
March 18 checklist
(downtrend - possible correction)
March 21 checklist
(downtrend)
March 22,
checklist (downtrend)
March 23,
checklist (downtrend - possible correction)
March 24,
checklist (signs of life, correction
forming)
March 30,
checklist (correction forming)
March 31,
checklist (slight correction - trend
changing to sideways)
April 03, sideways
trend
This is a sideways
trend, we are waiting for the triangle
to breakout, there is a potential that
the trend will still change to an uptrend,
but at this point, it would be categorized
as sideways.
| Stock
Check List - Trending checklist |
| Stock: MSO |
BUY/SELL Rating:
>0 |
Date: April 03,
2005 |
| Indicator |
Confirming |
Negating |
| Trending
Indicators |
| Trendlines |
support line held |
|
| 20, 50, 100 day SMA's |
5 day SMA
crosses price line
20 day SMA crosses price line |
20 and 50 and 100
day SMA above price line
20 and 50 day SMA cross
20 and 100 day SMA cross |
| MACD |
MACD-H
convergence
MACD-H zero line cross
MACD signal line cross |
|
| ADX/DMI |
|
ADX
dipped below 30
+DI below -DI
|
| Volume Indicators |
| Volume |
Consolidation pattern |
Volume sideways |
| OBV |
uptrend |
|
| PVT |
|
Sideways |
| Patterns |
|
|
| Support/Resistance
Breakout |
Ascending
triangle |
|
| Candles |
|
|
| Strength Indicators |
|
|
| RSI |
RSI crosses up through
30, uptrending |
|
| __________________________________________________________________________ |
| Points: |
9
positive |
9
negative |
The indicators
applied to this checklist can be read
about on our indicators
page. If you would like to see another
indicator added to this checklist, let
us know.
See our Candlestick
Education Section for explanation
of patterns.
For more information
on trend analysis, see our Trend Guide
