Nobody is looking, but you're fired! 51 Jobs
Price and moving averages:
51 Jobs has closed below 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: bearish in short term, and bearish in mid-long term.
Bollinger Bands:
51 Jobs has closed above bottom band by 20.5%.
Bollinger Bands are 43.8% narrower than normal.
The narrow width of the bands suggests low volatility as compared to 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.
Volume: that has got to hurt - nobody cares
Stochastics: clearly the selling is not done.
Current rating is -2
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
Last night's 20bps uptick could be all we see before it gets re-rated at our most bearish -3. Our unpublished trend strength indicator is near a bottom.
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.
51 Jobs has closed below 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: bearish in short term, and bearish in mid-long term.
Bollinger Bands:
51 Jobs has closed above bottom band by 20.5%.
Bollinger Bands are 43.8% narrower than normal.
The narrow width of the bands suggests low volatility as compared to 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.
Volume: that has got to hurt - nobody cares
Stochastics: clearly the selling is not done.
Current rating is -2
Tech ratings are 3 to -3 indicating bullish to bearish; a zero is neutral to cautionary.
Last night's 20bps uptick could be all we see before it gets re-rated at our most bearish -3. Our unpublished trend strength indicator is near a bottom.
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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