Constructed
and written by Smartbiz
Conclusion:
Intraday
Oscillator: Market sentiment was lackluster with volume decreased to 0.87m
shares, today. The Oscillator opened in positive tone but lost strength shortly
to end at -462.03; lost 591.97 compared to its opening point at +129.95.
The Average recorded a loss of 216.15 weakened by 593.22 points when compared with +377.07
of the previous session.
MSCD: After
today’s market, %K moved slightly higher and the Histogram printed an almost
equal bar in the negative zone.
MSCD data are appended as below:
| DATE | A_OSC | %K | %D | %A | HGM |
| 4/9/2012 | 239.11 | 174.67 | 132.53 | 100.39 | 30.55 |
| 5/9/2012 | 976.74 | 298.03 | 195.09 | 132.25 | 45.03 |
| 6/9/2012 | 1110.83 | 423.04 | 262.94 | 167.83 | 68.04 |
| 7/9/2012 | 377.07 | 299.98 | 215.52 | 148.02 | 71.32 |
| 10/9/2012 | 216.15 | 287.09 | 215.57 | 150.50 | 71.36 |
| LAST+- | 593.22 | 12.89 | 0.05 | 2.48 | 0.04 |
Conclusion:
Market sentiment was faltered amidst cloud of uncertainties. The
decreasing volume is evident that most investors have opted for sidelines. The
bearish mode will continue for some time as the gaps between all line
indicators are quite big.
Note: Explanation on Intra-Day MSO and MSCD are
archived under "Labels" at the sidebar.
No comments:
Post a Comment