Thursday, March 14, 2013

The Ninja Stock Monitor: DNL (14 mar 2013)


selected technical indicators of PSE-listed stocks 

14 mar 2013 closing prices 

dnl (d&l industries

c: 6.96(+)
s: 6.65, 6.56, 6.50
r: 7, 7.20  
vol: (+)
macd: (+)
macd histogram: (-)
macd histogram direction: (+)
rsi: 62.38(+)
sts: 45.83(+) 

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


dnl chart as of 14 mar 2013 (click on the chart to enlarge):




remarks: 

1. dnl closed higher to 6.96 ...
2. the macd histogram is still below 0 (no buy signal yet) but the histogram direction changed ... it is now pointing up ... both the rsi and sts .. are still  in the trading range ... both also pointing up ..
3. looks like dnl has already established its immediate bottom @6.56 ...monitor closely for a possible initial reentry position in the coming days ..  
4. present trading range: 6.56 - 7.20 


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