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Message: Sidelines Mode

Sidelines Mode

posted on Mar 24, 2009 08:27PM
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E DIGITAL CORP (NASDAQ:EDIG) Sidelines Mode
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

Based on a pre-defined weighted trend formula for chart analysis, EDIG scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

-10 Last Hour Close Below 5 hour Moving Average
+15 New 3 Day High on Monday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, Week Ending March 14th
+30 New 3 Month High in February
-55 Total Score
Open High Low EDIG Price Change
0.170 0.170 0.160 0.163 -0.007
Streaming Chart
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