Wednesday, February 13, 2013

The Ninja Stock Monitor: DNL (13 feb 2013)

selected technical indicators of PSE-listed stocks 

12 feb 2013 closing prices 

dnl (d&l industries

c: 6.02(-)
s: 5.97, 5.92, 5.80
r: 6.09, 6.20  
vol: (-)
macd: (+)
macd histogram: (-)
macd histogram direction: (-)
rsi: 65.72(-)
sts: 50.22(+) 

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


1. dnl closed a wee bit lower @6.02 ... making some traders think that monday's close above 6 pesos was just a dead cat bounce ... altho it is still higher from what i see as the interim bottom @5.80 
2. the histogram is still on the decline ... while both the rsi and the sts seem to be doing a sideways waiting game ...
3. while the price has already recovered somewhat from last week's low of 5.80 and that a profit of 20 centavos has been foregone for the present ... im still hesitant to buy bak in ...  im just watching and waiting for the histogram to give me the signal before doing anything again in the dnl counter ... 

previous DNL monitor: The Ninja Stock Monitor: DNL (10 feb 2013)

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's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose