E DIGITAL CORP----Strong Uptrend
posted on
Oct 08, 2009 01:01PM
E DIGITAL CORP (NASDAQ:EDIG)
Strong Uptrend
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis, EDIG scored +100 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 Thursday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, Week Ending September 19th
+30 New 3 Month High in September
+100 Total Score
Open High Low EDIG Price Change
0.170 0.190 0.170 0.185 +0.015
Streaming Chart