HMIN - Does anyone care?
Price and moving averages:
Home Inns & Hotels has closed above its short term moving average.
Short term moving average is currently below mid term, AND below long term moving averages.
The relationship between price and moving averages is: neutral in short term, and bearish in mid-long term.
Bollinger Bands:
Home Inns & Hotels has closed below upper band by 29.2%.
Bollinger Bands are 25.6% narrower than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Volume is abysmal and interest clearly continues to wan.
Current rating is -2
** price is currently above the short term average and thus doesn't qualify the ticker for the most bearish rating - a close below 30.00 will see a downgrade.
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.
Home Inns & Hotels has closed above its short term moving average.
Short term moving average is currently below mid term, AND below long term moving averages.
The relationship between price and moving averages is: neutral in short term, and bearish in mid-long term.
Bollinger Bands:
Home Inns & Hotels has closed below upper band by 29.2%.
Bollinger Bands are 25.6% narrower than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Volume is abysmal and interest clearly continues to wan.
Current rating is -2
** price is currently above the short term average and thus doesn't qualify the ticker for the most bearish rating - a close below 30.00 will see a downgrade.
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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