MCO Charting not looking too flash... lets hope a few news releases can change things around for MCO.
http://www.buysellsignals.com/BuySellSignals/report/Australia/Stock/PDF/Daily/Australia_pdf_1340.pdf
Morning Star Gold
Bearish Signals:
The price crashed 10.3% in the last month.
In the Australian market of 1,414 stocks and 75 units traded today, the stock has a 6-month relative
strength of 36 which means it has underperformed 64.0% of the market.
The price to 50-day EMAP ratio is 0.95, a bearish indicator. In the past 200 days this ratio has been
under 0.95 23 times suggesting further downside. The 50-day EMAP has decreased to 40.90c. A
decrease is another bearish indicator.
The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving
Average (EMA) minus the 26-day EMA is negative suggesting a bearish signal.
The stock is overbought according to the Williams % R indicator of -7.7.
Add to My Watchlist
What is My Watchlist?
