HOLI - time to get back in there
The following was sent pre-market on November 12th on stocktwits.com:
$HOLI has been punished enough for the upper bolli violation; still rate it as bullish:
KZ - time to get back in there
The following was sent pre-market on November 12th and on stocktwits.com.
$KZ has been penalized enough for a 25% jump in 6 trading days with 50% of that time coloring outside the lines.
Almost no short interest.
QIHU upgraded to bullish
Tech Rating: 1.5 (November 11th pre-open)
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
We close out another profitable bearish call for a potention to 25 to 12.4% gain with apossible new trend forming: bullish MACD, CCI and Stochastic.
The trend is weak and the moving average juxtaposition are not yet supportive; tread carefully and keep stops tight.
Price and moving averages:
QIHU 360 has closed above its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: neutral in short term, and bearish in mid-long term.
Bollinger Bands:
QIHU has closed below upper band by 30.9%.
Bollinger Bands are 31.8% narrower than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
CCI: is now in positive range and generated a buy signal 1 bar ago.
MACD:
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 19 bars ago.
Since MACD crossed its moving average, QIHU's price has increased 14.69%
and has ranged from a high of 74.76 to a low of 60.25
MACD is not in an overbought/oversold range.
There have been no divergence signals within the last 5 periods.
**This commentary is for educational purposes only. It is not a recommendation to buy or sell. Use at your own risk.
About the Technical Rating Indicator
The Technical Rating Indicator combines established methods of technical analysis along with regression analysis and a weighting system based on signal strength to provide a technical rating. Note that none of the indicators use standard settings, and none of the settings have been optimized to fit a particular data set (avoiding in-sample bias).
The result is a clean, proprietary technical research rating system.
The Technical Rating Indicator is expressed in values ranging from -3 to +3.
A technical rating of -3 is issued when all individual indicators are exhibiting readings consistent with previous periods of negative prices (i.e. conditions are “bearish” for the stock price, based on historical analysis). A technical rating of +3 is issued when the individual indicators are exhibiting readings consistent with previous periods of positive price movement (i.e. conditions are “bullish” for the stock, based on historical analysis). Intermediate readings indicate a mix of signals from the inputs to the Technical Rating Indicator.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
WUBA upgraded to bullish
Tech Rating: 1.5 (November 11th pre-open)
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
MACD: bullish; Stochastic: bullish; CCI: bullish
Issue? Moving average juxtaposition is not bullish and our unpublished trend strength indicator is mid range.
A possible new uptrend is forming.
Price and moving averages:
58.com has closed above its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: neutral in short term, and bearish in mid-long term.
Bollinger Bands:
WUBA has closed below upper band by 6.7%.
Bollinger Bands are 35.3% narrower than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
CCI is now in positive range and generated a buy signal on prior close.
MACD
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 33 bars ago.
Since MACD crossed its moving average, WUBA's price has increased 10.40%
and has ranged from a high of 41.96 to a low of 34.64
MACD is not in an overbought/oversold range.
There have been no divergence signals within the last 5 periods.
**This commentary is for educational purposes only. It is not a recommendation to buy or sell. Use at your own risk.
About the Technical Rating Indicator
The Technical Rating Indicator combines established methods of technical analysis along with regression analysis and a weighting system based on signal strength to provide a technical rating. Note that none of the indicators use standard settings, and none of the settings have been optimized to fit a particular data set (avoiding in-sample bias).
The result is a clean, proprietary technical research rating system.
The Technical Rating Indicator is expressed in values ranging from -3 to +3.
A technical rating of -3 is issued when all individual indicators are exhibiting readings consistent with previous periods of negative prices (i.e. conditions are “bearish” for the stock price, based on historical analysis). A technical rating of +3 is issued when the individual indicators are exhibiting readings consistent with previous periods of positive price movement (i.e. conditions are “bullish” for the stock, based on historical analysis). Intermediate readings indicate a mix of signals from the inputs to the Technical Rating Indicator.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
YOKU upgraded to bullish
Tech Rating: 2 (November 11th pre-open)
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This makes us nervous. The stock has come up for a rerating at bullish but with several negative caveats:
· Price has colored outside the lines on 3 of the last 4 trading days
· RSI is in overbought territory
· CCI just came off of an almost perfect short value and it still indicates a sell
However, investors are loving the company as we can tell in the volume action over the last few days.
Lastly, when the 4 days of short interest (7.9% of float) reads news of phone maker Xiaomi buying a stake in YOKU, there is the potential of more upside – overbought indicators be damned.
Price and moving averages:
Youku Tudou has closed above its short term moving average.
Short term moving average is currently above mid term, and above long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: bullish in short term, and neutral to cautionary in mid-long term.
Bollinger Bands:
YOKU has closed below upper band by 6.0%.
Bollinger Bands are 27.1% wider than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
CCI is now in an extremely high positive range and generated a sell signal on prior close.
MACD
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 18 bars ago.
Since MACD crossed its moving average, YOKU's price has increased 24.11%
and has ranged from a high of 22.34 to a low of 16.71
MACD is not in an overbought/oversold range.
There have been no divergence signals within the last 5 periods.
**This commentary is for educational purposes only. It is not a recommendation to buy or sell. Use at your own risk.
About the Technical Rating Indicator
The Technical Rating Indicator combines established methods of technical analysis along with regression analysis and a weighting system based on signal strength to provide a technical rating. Note that none of the indicators use standard settings, and none of the settings have been optimized to fit a particular data set (avoiding in-sample bias).
The result is a clean, proprietary technical research rating system.
The Technical Rating Indicator is expressed in values ranging from -3 to +3.
A technical rating of -3 is issued when all individual indicators are exhibiting readings consistent with previous periods of negative prices (i.e. conditions are “bearish” for the stock price, based on historical analysis). A technical rating of +3 is issued when the individual indicators are exhibiting readings consistent with previous periods of positive price movement (i.e. conditions are “bullish” for the stock, based on historical analysis). Intermediate readings indicate a mix of signals from the inputs to the Technical Rating Indicator.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
SINA upgrade to bullish
Tech Rating: 2 (November 12th pre-open)
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
Points to note on the technical analysis in leading, trending and volatility indicators with bullish stochastic (rising crossover), CCI, MACD and Bollinger Bands. Additionally, our unpublished trend indicator is at a reading of medium strong.
Negative points: moving average juxtaposition, toppy stochastic and lack of enthusiasm as illuminated in the lackluster volume.
This could be a new trend forming; however, the narrowing Bollinger bands can cut both ways with a sharp move up or down. Keep a tight stop on any new positions. We’ve been burned twice this year re-rating this as bullish.
Price and moving averages:
Sina Corp has closed above its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: neutral in short term, and bearish in mid-long term.
Bollinger Bands:
SINA has closed below upper band by 12.4%.
Bollinger Bands are 52.5% narrower than normal.
The narrow width of the bands suggests low volatility as compared to SINA's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 5 bars. The probability of a significant price move increases the longer the bands remain in this narrow range.
CCI is now in positive range and generated a buy signal 1 bar ago.
MACD
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 16 bars ago.
Since MACD crossed its moving average, SINA's price has increased 4.10%
and has ranged from a high of 42.16 to a low of 38.78
MACD is not in an overbought/oversold range.
There have been no divergence signals within the last 5 periods.
**This commentary is for educational purposes only. It is not a recommendation to buy or sell. Use at your own risk.
About the Technical Rating Indicator
The Technical Rating Indicator combines established methods of technical analysis along with regression analysis and a weighting system based on signal strength to provide a technical rating. Note that none of the indicators use standard settings, and none of the settings have been optimized to fit a particular data set (avoiding in-sample bias).
The result is a clean, proprietary technical research rating system.
The Technical Rating Indicator is expressed in values ranging from -3 to +3.
A technical rating of -3 is issued when all individual indicators are exhibiting readings consistent with previous periods of negative prices (i.e. conditions are “bearish” for the stock price, based on historical analysis). A technical rating of +3 is issued when the individual indicators are exhibiting readings consistent with previous periods of positive price movement (i.e. conditions are “bullish” for the stock, based on historical analysis). Intermediate readings indicate a mix of signals from the inputs to the Technical Rating Indicator.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
HSI - not time yet - from our weekend notes
Recent upgrades include DANG for ~8%, HOLI for ~11% in two
weeks.
Tech
Rating:
-2
This
is a case of trend follower beware. We see price and the GURU moving averages
stacked up in order vertically above price in what looks a fresh trend.
However, all other signals are weighing in with regression analysis throwing
strength in for negative price movement. GURU MACD and GURU Stochastics are
trading below signal line and in the wrong side of an arc with a negative slope
on our settings. The GURU CCI is neutral as is RSI – there wasn’t any strength
in the recent top. Add to that the decreasing volume since the start of June
and this looks like a dog.
There
has been a long disconnect between HSI performance and China. For instance:
Dongfeng/600006 was 2.75 a year ago and is now up 6% in 12 months while
Dongfeng/489 was 10.28 and is now up 32% in 12 months. It doesn’t get better
looking at two years where the Mainland listing is -12% and the HK listing is
+5%.
Price
and GURU moving averages:
^HSI(Hang
Seng) has closed above its short term moving average.
Short
term moving average is currently above mid term, and above long term moving
averages.
Mid
term moving average is currently above long term
The
relationship between price and moving averages is: bullish in short term, and
bullish in mid-long term.
Bollinger
Bands:
^HSI(Hang
Seng) has closed below upper band by 48.4%.
Bollinger
Bands are 71.1% narrower than normal.
The
narrow width of the bands suggests low volatility as compared to ^HSI(Hang
Seng)'s normal range. Therefore, the probability of volatility increasing
with a sharp price move has increased for the near-term. The bands have been in
this narrow range for 12 bars. The probability of a significant price move
increases the longer the bands remain in this narrow range.
GURU
Stochastic
K is below D by nearly ~8 points and both are sounding the dive klaxon. Ask
anyone that has sat next to me on a trading floor where I had the dive
klaxon.wav linked to my Bloomberg terminal with real time prices – that is
damned annoying!
GURU
CCI
is neutral at 31
GURU
MACD
Crossovers:
Currently MACD is bearish since it is trading
below its signal line.
MACD crossed below its signal line 3
period(s) ago.
Since MACD crossed its moving average, ^HSI's
price has decreased -0.04%
and has ranged from a high of 23,300.311 to a
low of 23,122.750
Overbought/Oversold:
not in an overbought/oversold range.
Divergence:
there have been no divergence signals within the last 5 periods.
Tech
ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to
cautionary.
This
commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure:
the firm does not currently hold a position in this stock and has no plans to
create a long or short position over the next 5 business days.
NPD - time for a new perscription? rated as bearish
Tech
Rating: -2.25
If
you add short term GURU exponential moving average crossing under the GURU mid
term, price under short term plus a sell indication from GURU CCI and
stochastics that continue to fall in an environment where the stock is NOT
oversold = sell.
Short term moving average is currently below mid term, and below long term moving averages, however, Mid term moving average is currently above long term
The relationship between price and moving averages is: bearish in short term, and neutral to cautionary in mid-long term.
If
you add short term GURU exponential moving average crossing under the GURU mid
term, price under short term plus a sell indication from GURU CCI and
stochastics that continue to fall in an environment where the stock is NOT
oversold = sell.
Price
and moving averages:
NPD(China
Nepstar Drugstore) has closed below its short term moving average. Short term moving average is currently below mid term, and below long term moving averages, however, Mid term moving average is currently above long term
The relationship between price and moving averages is: bearish in short term, and neutral to cautionary in mid-long term.
Bollinger
Bands:
NPD(China
Nepstar Drugstore) has closed above bottom band by 28.7%.
Bollinger
Bands are 58.3% narrower than normal.
The
narrow width of the bands suggests low volatility as compared to NPD(China
Nepstar Drugstore)'s normal range. Therefore, the probability of
volatility increasing with a sharp price move has increased for the near-term.
The bands have been in this narrow range for 33 bars. The probability of a
significant price move increases the longer the bands remain in this narrow
range.
CCI is now in negative
range at -79.48
MACD
Crossovers:
Currently MACD is bearish since it is trading
below its signal line.
MACD crossed below its signal line 10
period(s) ago.
Since MACD crossed its moving average, NPD's
price has decreased -2.54%
and has ranged from a high of
2.430 to a low of 2.260
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last 5 periods.
Tech
ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to
cautionary.
This
commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure:
the firm does not currently hold a position in this stock and has no plans to
create a long or short position over the next 5 business days.
51JOBS: you're hired! upraded to bullish
Tech
Rating: 2
Upgraded from -2
Divergence: There have been no divergence signals within the last 5 periods.
Upgraded from -2
With the recent across-the-board upturn in the
GURU technical indicators going against the call from short term, mid term and
long term GURU exponential moving averages, JOBS is either going to pop or flop
soon. With volume trending up on the past three uptick days vs. the uneventful
June 10th and 11th trading days, it looks like several
traders/investors are betting on the pop.
Price and moving averages:
JOBS(51 Jobs) has closed above its short term
moving average.
Short term moving average is currently below
mid term, and below long term moving averages.
Mid term moving average is currently below long
term
The relationship between price and moving
averages is: neutral in short term, and bearish in mid-long term.
Bollinger Bands:
JOBS(51 Jobs) has closed below upper band by
7.4%.
Bollinger Bands are 51.7% narrower than normal.
The narrow width of the bands suggests low
volatility as compared to JOBS(51 Jobs)'s normal range. Therefore, the probability of volatility
increasing with a sharp price move has increased for the near-term. The bands
have been in this narrow range for 4 bars. The probability of a significant
price move increases the longer the bands remain in this narrow range.
CCI is now in positive range at
150.04 and our GURU CCI gave a buy indication 2 trading days ago.
MACD
Crossovers:
Currently MACD is bullish
since it is trading above its signal line.
MACD crossed above its signal
line 10 period(s) ago.
Since MACD crossed its moving
average, JOBS's price has increased 4.28% and has ranged from a high of 64.21
to a low of 59.00
Overbought/Oversold: MACD is not in an
Overbought/Oversold range.Divergence: There have been no divergence signals within the last 5 periods.
Tech ratings are 3 to -3 indicating bullish to
bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy
or sell. Use at your own risk.
Disclosure: the firm does not currently hold a
position in this stock and has no plans to create a long or short position over
the next 5 business days.
China Lodging: time to check out? Downgraded to bearish
Previously
rated as bullish (1)
Price
and moving averages:
HTHT(China
Lodging) has closed above its short term moving average. Short term moving average is currently above mid term, and above long term moving averages.
Mid term moving average is currently below long term
The
relationship between price and moving averages is: bullish in short term, and
neutral to cautionary in mid-long term.
Despite
the short term and mid term tops on recent closes, the rest of our GURU
indicators are weighing in heavier toward the bear side. Combining the falling
MACD and GURU stochastics with the narrowing of the Bollinger bands, this could
go worse quickly. The technical situation is precarious at this point.
Bollinger
Bands:
HTHT(China
Lodging) has closed below upper band by 43.3%. Bollinger Bands are 65.1% narrower than normal.
The narrow width of the bands suggests low volatility as compared to HTHT(China Lodging)'s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 1 bars. The probability of a significant price move increases the longer the bands remain in this narrow range.
While
not a hard rule, often the stock breaks down when trending above mid point in
an environment of narrowing volatility.
CCI is now in neutral
range with a reading of 23.4 and no signals in several days
MACD
Crossovers:Currently MACD is bearish since it is trading below its signal line.
MACD crossed below its signal line 2 period(s) ago.
Since MACD crossed its moving average, HTHT's price has increased 2.63%
and has ranged from a high of 25.13 to a low of 24.16
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last 5 periods.
Current
rating is -1.5
Tech
ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to
cautionary.
This
commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure:
the firm does not currently hold a position in this stock and has no plans to
create a long or short position over the next 5 business days.
QIHU upgrade on new movement
Tech
Rating: 1.5
Previously
rated bearishPrice and moving averages:
QIHU(QIHU 360) has closed above its short term moving average. However, when combined with volume behind recent positive days, the GURU MACD signal going positive along with rising GURU stochastics, there may be a new trend developing.
Short
term moving average is currently below mid term, and below long term moving
averages.
Mid
term moving average is currently below long term
The
relationship between price and moving averages is neutral in short term, and
bearish in mid-long term.
Bollinger
Bands:
QIHU
has closed below upper band by 32.9% and Bollinger Bands are 30.3% narrower
than normal.Nothing yet to get excited about here in the BB department
CCI is now in neutral
range with a value of 21.9
MACD
Crossovers:
Currently
MACD is bullish since it is trading above its signal line.MACD crossed above its signal line 4 period(s) ago.
Since MACD crossed its moving average, QIHU's price has increased 1.35%
and has ranged from a high of 91.120 to a low of 84.200
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the past trading week.
Tech
ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to
cautionary.
This
commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure:
the firm does not currently hold a position in this stock and has no plans to
create a long or short position over the next 5 business days.
This
commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure:
the firm does not currently hold a position in this stock and has no plans to
create a long or short position over the next 5 business days.
LITB - its dark in the box - initiation at bearish
Initiation of coverage with a Tech Rating of -0.5
The only thing keeping the junk in this box from being our ultimate bearish rating of 3 is that the sell pressure has dropped corresponding to the lack of interest which allowed the GURU MACD signal to drift close to and GURU RSI to ride back in the middle of the stream after spending most of April and the first part of May in oversold territory.
The activity also saw the close above short term GURU averages a few times in the past couple of weeks.
Almost all signs are, of course, negative (you didn't need us to tell you that) but unless we've missed something drastically, positively earthshaking in the company's communications, the relief rally is over. With the extreme narrowing of the GURU Bollinger bands, this stock is due an aggressive move.
Price and moving averages:
LITB(Light In the Box) has closed above its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: neutral in short term, and bearish in mid-long term.
Bollinger Bands:
LITB(Light In the Box) has closed below upper band by 41.9%.
Bollinger Bands are 56.0% narrower than normal.
The narrow width of the bands suggests low volatility as compared to LITB(Light In the Box)'s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 34 bars. The probability of a significant price move increases the longer the bands remain in this narrow range.
GURU CCI is at a neutral 15.8
MACD
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 37 period(s) ago.
Since MACD crossed its moving average, LITB's price has decreased -4.68%
and has ranged from a high of 5.90 to a low of 4.61
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last 5 periods.
Current rating is -.50
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
The only thing keeping the junk in this box from being our ultimate bearish rating of 3 is that the sell pressure has dropped corresponding to the lack of interest which allowed the GURU MACD signal to drift close to and GURU RSI to ride back in the middle of the stream after spending most of April and the first part of May in oversold territory.
The activity also saw the close above short term GURU averages a few times in the past couple of weeks.
Almost all signs are, of course, negative (you didn't need us to tell you that) but unless we've missed something drastically, positively earthshaking in the company's communications, the relief rally is over. With the extreme narrowing of the GURU Bollinger bands, this stock is due an aggressive move.
Price and moving averages:
LITB(Light In the Box) has closed above its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: neutral in short term, and bearish in mid-long term.
Bollinger Bands:
LITB(Light In the Box) has closed below upper band by 41.9%.
Bollinger Bands are 56.0% narrower than normal.
The narrow width of the bands suggests low volatility as compared to LITB(Light In the Box)'s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 34 bars. The probability of a significant price move increases the longer the bands remain in this narrow range.
MACD
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 37 period(s) ago.
Since MACD crossed its moving average, LITB's price has decreased -4.68%
and has ranged from a high of 5.90 to a low of 4.61
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last 5 periods.
Current rating is -.50
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
HTHT UPGRADED from 0 to 1
During our initiation of coverage note last week we noted that China Lodging had a few positive indicators arising but the conflict in our regression and strength weightings left it with a Tech Rating of 0. That has changed with our short term exponential moving average peeking above mid term and long term averages. Stochastics in overbought, RSI without much headroom and our unpublished trend indicator at maximum prevent a higher rating for now.
Price and moving averages:
HTHT(China Lodging) has closed above its short term moving average.
Short term moving average is currently above mid term, and above long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: bullish in short term, and neutral to cautionary in mid-long term.
Bollinger Bands:
HTHT(China Lodging) has closed below upper band by 28.3%.
Bollinger Bands are 28.1% wider than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
CCI is in our neutral range at 60.452
MACD
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 17 period(s) ago.
Since MACD crossed its moving average, HTHT's price has increased 15.01%
and has ranged from a high of 25.99 to a low of 21.20
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last 5 periods.
Current rating is 1
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
Price and moving averages:
HTHT(China Lodging) has closed above its short term moving average.
Short term moving average is currently above mid term, and above long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: bullish in short term, and neutral to cautionary in mid-long term.
Bollinger Bands:
HTHT(China Lodging) has closed below upper band by 28.3%.
Bollinger Bands are 28.1% wider than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
CCI is in our neutral range at 60.452
MACD
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 17 period(s) ago.
Since MACD crossed its moving average, HTHT's price has increased 15.01%
and has ranged from a high of 25.99 to a low of 21.20
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last 5 periods.
Current rating is 1
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
GOLDEN DRAGON - UPGRADED
Previously rated at a -2, movement on Monday brings to light several factors which drive us to upgrade PGJ to a new Tech Rating of 1.75.
Price and moving averages:
PGJ (Power Shares Golden Dragon) has closed above its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: neutral in short term, and bearish in mid-long term; however, our exponential moving averages have all turned up and are flat (longest term) to rising.
Bollinger Bands:
PGJ(Power Shares Golden Dragon) has closed below upper band by 24.5%.
Bollinger Bands are 50.5% narrower than normal.
The narrow width of the bands suggests low volatility as compared to PGJ(Power Shares Golden Dragon)'s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. This narrowing has just occurred. The probability of a significant price move increases the longer the bands remain in this narrow range.
CCI = 90.296
CCI is entering positive range
MACD
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 18 period(s) ago.
Since MACD crossed its moving average, PGJ's price has increased 5.16%
and has ranged from a high of 29.56 to a low of 27.18
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last several bars.
Current rating is 1.75
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
Price and moving averages:
PGJ (Power Shares Golden Dragon) has closed above its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: neutral in short term, and bearish in mid-long term; however, our exponential moving averages have all turned up and are flat (longest term) to rising.
Bollinger Bands:
PGJ(Power Shares Golden Dragon) has closed below upper band by 24.5%.
Bollinger Bands are 50.5% narrower than normal.
The narrow width of the bands suggests low volatility as compared to PGJ(Power Shares Golden Dragon)'s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. This narrowing has just occurred. The probability of a significant price move increases the longer the bands remain in this narrow range.
CCI = 90.296
CCI is entering positive range
MACD
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 18 period(s) ago.
Since MACD crossed its moving average, PGJ's price has increased 5.16%
and has ranged from a high of 29.56 to a low of 27.18
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last several bars.
Current rating is 1.75
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
SINA - UPGRADE - yes, upgrade
We can almost hear the screams of "why" and "are you kidding me?". Let us explain why our Tech Rating of 1.5 should have you watching SINA. Forget the UGLY exponential moving average slopes and positions for just a moment; RSI has been slowly rising since the beginning of May, stochastic signals are also on the move. Even our MACD signal shows some potential, although in negative territory, with a rise over greater than 10 trading days.
Price and moving averages:
SINA (Sina Corp) has closed below its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: bearish in short term, and bearish in mid-long term.
Bollinger Bands:
SINA (Sina Corp) has closed above bottom band by 48.9%.
Bollinger Bands are 53.4% narrower than normal (though not as narrow as May 19th!).
The narrow width of the bands suggests low volatility as compared to SINA's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 18 bars. The probability of a significant price move increases the longer the bands remain in this narrow range.
CCI is in a neutral range at -6.456; we don't call a sell or short until well into the negatives.
MACD:
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 22 period(s) ago.
Since MACD crossed its moving average, SINA's price has decreased -4.11%
and has ranged from a high of 49.25 to a low of 42.40
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
MACD has continued to rise while the price has dropped since the start of May.
Current rating is 1.5
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
Price and moving averages:
SINA (Sina Corp) has closed below its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: bearish in short term, and bearish in mid-long term.
Bollinger Bands:
SINA (Sina Corp) has closed above bottom band by 48.9%.
Bollinger Bands are 53.4% narrower than normal (though not as narrow as May 19th!).
The narrow width of the bands suggests low volatility as compared to SINA's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 18 bars. The probability of a significant price move increases the longer the bands remain in this narrow range.
CCI is in a neutral range at -6.456; we don't call a sell or short until well into the negatives.
MACD:
Crossovers:
Currently MACD is bullish since it is trading above its signal line.
MACD crossed above its signal line 22 period(s) ago.
Since MACD crossed its moving average, SINA's price has decreased -4.11%
and has ranged from a high of 49.25 to a low of 42.40
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
MACD has continued to rise while the price has dropped since the start of May.
Current rating is 1.5
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
KONG - as we thought
June 5th we posted our initial coverage note as a "pre-downgrade"; that downgrade happened quickly. At that time, our exponential moving averages weren't giving a clear picture, MACD was drifting, RSI was weakish and stochastics were weak, but not giving guidance. That changed Friday and Monday to put this name near our most bearish rating with a score of -2.5.
Price and moving averages:
KONG (Kong Zhong) has closed below its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: bearish in short term, and bearish in mid-long term.
Bollinger Bands:
KONG(Kong Zhong) has closed above bottom band by 13.4%.
Bollinger Bands are 40.9% narrower than normal.
The narrow width of the bands suggests low volatility as compared to KONG(Kong Zhong)'s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 8 bars. The probability of a significant price move increases the longer the bands remain in this narrow range. They have widened just a tad over the last trading day.
CCI is now in the negative range of -103.152
MACD
Crossovers:
Currently MACD is bearish since it is trading below its signal line.
MACD crossed below its signal line 1 period ago.
Since MACD crossed its moving average, KONG's price has decreased -0.90%
and has ranged from a high of 9.27 to a low of 8.75
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last 5 periods.
Current rating is -2.5
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
Price and moving averages:
KONG (Kong Zhong) has closed below its short term moving average.
Short term moving average is currently below mid term, and below long term moving averages.
Mid term moving average is currently below long term
The relationship between price and moving averages is: bearish in short term, and bearish in mid-long term.
Bollinger Bands:
KONG(Kong Zhong) has closed above bottom band by 13.4%.
Bollinger Bands are 40.9% narrower than normal.
The narrow width of the bands suggests low volatility as compared to KONG(Kong Zhong)'s normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 8 bars. The probability of a significant price move increases the longer the bands remain in this narrow range. They have widened just a tad over the last trading day.
CCI is now in the negative range of -103.152
MACD
Crossovers:
Currently MACD is bearish since it is trading below its signal line.
MACD crossed below its signal line 1 period ago.
Since MACD crossed its moving average, KONG's price has decreased -0.90%
and has ranged from a high of 9.27 to a low of 8.75
Overbought/Oversold:
MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last 5 periods.
Current rating is -2.5
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
This commentary is not a recommendation to buy or sell. Use at your own risk.
Disclosure: the firm does not currently hold a position in this stock and has no plans to create a long or short position over the next 5 business days.
