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Message: Uptrend

Uptrend

posted on Mar 23, 2009 05:30PM
E DIGITAL CORP (NASDAQ:EDIG) Uptrend
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term uptrend Uptrend with tight money management stops.

Based on a pre-defined weighted trend formula for chart analysis, EDIG scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Monday
+20 Last Price Above 20 Day Moving Average
-25 New 3 Week Low, Week Ending March 14th
+30 New 3 Month High in February
+75 Total Score
Open High Low EDIG Price Change
0.165 0.170 0.160 0.170 0.000
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