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Message: Latest technical patterns BULLISH for TDC

Latest technical patterns BULLISH for TDC

posted on Mar 13, 2008 10:54PM

 

The MACD is presently offering a bullish signal because it is above the signal line, a 9 day moving average, and higher than 0, which means that the underlying moving averages are trending higher.

 

  • The 20 and 50 day moving averages indicate that TDC may be in a bullish trend. This is because the 20 day moving average is above the 50 day moving average.
  • TDC is trading above its 20 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and signals that there has been buying interest in this stock.
  • TDC is trading within its Bollinger Bands. This is a normal condition and means that the stock is neither overbought nor oversold relative to the price action over the last 20 days.
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