From the General Report dated 3/3/2010:
The market outlook is distinctly bearish. The Aggregate Indicators are showing slightly mixed on this date. Irrational exuberance has taken hold of the market, judging from the great amount of dip buying by the public. The aggregate RSI of the blue chips is currently 57.07. This level has crossed into over-bought territory, so all appropriate caution is indicated. Phase is the price as a percentage of 200 bar moving average. The average phase of the NYSE Blue Chips is 0.11. Even though it leans slightly to the bearish, this indicator is nominally neutral. |
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| Entergy Corporation Main Index (English) |
Weekend Report Comments on Saturday, March 13, 2010:
The behaviour of ETR last week, with the price and volume slumping together, is classically bearish, but it may sometimes reveal a time to buy the dips. ETR does not seem to be over-bought or under-bought at the moment. There is a favorable category change from last week's close. The Negative Volume Index Aggregate is near the middle of the range. This indicator is down over the last month. There has not been much change in the phase of the 200 day moving average since this time last week. From the Update 3/12/2010 : The recent session is represented as an Engulfing nearly pure long day, following the stepped up medium body on Thursday. When a session has an open-to-close range that exceeds the range (body) of the candle from the day before, it is said to be "Engulfing". This higher inner volatility shows uncertainty, perhaps because two groups of speculators disagree on whether the price should be lower or higher than it is. No really strong signals during the past week. The most recent signal, "Moving Avg. 5/20 Divergence", was produced on Thursday, March 04, 2010. In this range, it is most often considered to be a sell signal. |
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| ETR - Price Forecast Page |
| Previsioni di Prezzi - Entergy Corporation |
| Les Prédictions pour Entergy Corporation |
| Updated Report After Closing on Friday, March 12, 2010 |
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| Eaton Corporation Main Index (English) |
Weekend Report Comments on Saturday, March 13, 2010:
Looking back from Friday, March 12, 2010, the past 3 sessions have seen higher closing prices than the day before. The price of ETN rose by 1.75 % this week, but the volume declined, which is a caution sign. The Wilder RSI is moderately bearish, and going in the wrong direction. Since last week, there has been a slip toward the bear side. Negative Volume Indexes are running at fair price levels. It lost ground during the last week, but is still up for the month. The phase of the 200 day Simple Moving Average was hardly altered during the week. From the Update 3/12/2010 : The candle on 3/12/2010 is a Star perfect long day with no shadow. This comes after a stepped down short body Hangman the day before. A star happens when the body range is entirely outside the range of the day before. So there has been a gap, indicating a strong new direction. A strong sell signal from the 90 session RSI (Wilder) occurred on Tuesday, February 23, 2010. |
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| ETN - Price Forecast Page |
| Previsioni di Prezzi - Eaton Corporation |
| Les Prédictions pour Eaton Corporation |
| Updated Report After Closing on Friday, March 12, 2010 |
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| Exelon Corporation Main Index (English) |
Weekend Report Comments on Saturday, March 13, 2010:
Over the past 2 sessions (ending Friday, March 12, 2010), the closing price has been lower than the previous day. When both price and volume fall, as was the case with EXC this week, a lack of buying interest is indicated. Sometimes this presents an opportunity. Caution is advised on account of the unfavorable level of the Wilder RSI, although it has improved in the last week . The general RSI remains in the same range as last week, with a small favorable drift. The Negative Volume Index Aggregate is near the middle of the range. This indicator is down over the last month. The phase of the 200 day Simple Moving Average was hardly altered during the week. From the Update 3/12/2010 : The candle on 3/12/2010 is a stepped down long day. This comes after an Engulfing medium body the day before. While not a particularly powerful sign, the stepped down candle shows an orderly market, with some selling pressure. Recently there have not been any particularly significant signals. A signal from the "Moving Avg. 5/20 Divergence", was flagged on Thursday, March 04, 2010. This value of the indicator is generally interpreted as a sell signal. |
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| EXC - Price Forecast Page |
| Previsioni di Prezzi - Exelon Corporation |
| Les Prédictions pour Exelon Corporation |
| Updated Report After Closing on Friday, March 12, 2010 |
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