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.
| Stock
Check List - Trending checklist
|
| Stock: MSO |
BUY/SELL Rating: -12 |
Date: March 10, 2005 |
| Indicator |
Confirming |
Negating |
| Trending
Indicators |
| Trendlines |
|
downtrending |
| 20, 50, 100 day SMA's |
|
20 and 50 and 100 day SMA breaks |
| MACD |
|
downtrending |
| ADX/DMI |
|
+DI below -DI
ADX below 30 |
| Volume Indicators |
| Volume |
|
Volume confirms trend |
| OBV |
|
Downtrending with
price |
| PVT |
|
Downtrending with price |
| Patterns |
|
|
| Support/Resistance Breakout |
|
Resistance Breakout |
| Candles |
|
- |
| Strength Indicators |
|
|
| RSI |
|
downtrending |
| __________________________________________________________________________ |
| Points: |
0 positive |
12 negative |
The only
posistive indicator is that the downtrend
appears to be slowing down however this
is no confirmation of a trend change.
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.
