Tuesday, February 12, 2013

The Ninja Stock Monitor: CPG (12 feb 2013)


selected technical indicators of PSE-listed stocks 

12 feb 2013 closing prices 

cpg (century properties group

c: 2.06 (+)
s: 2.01, 2.0, 1.98
r:  2.07, 2.10, 2.12
vol: (+)
macd: (+)
macd histogram: (-)
macd histogram direction: (+)
rsi: 66.78(+)
sts: 73.87(+

for an explanation of the indicators ... click: here 

remarks: 
1. cpg closed higher @2.06 ... an interim bottom may already have been reached @1.98 ...
2. the macd histogram made an inverse ostrich pattern ... a bullish reversal move wherein the macd histogram's direction changed from pointing south to pointing north ... just like an ostrich rearing its head back up from under the sand (the opposite of the ostrich pattern) ..
3. both the rsi and sts also pointing up ... approaching oberbot levels ...
4. i took a miniscule initial position on cpg today ...

for reference .. you may also want to read: my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose