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.
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