Capital One Financial Corporation(COF) has rising momentum with an uptrend

(29-Jan-2008) (29-Jan-2008) Capital One Financial Corporation(COF) closed at 51.69, up 1.8 or 3.61 % for the day. Based on our analysis, Capital One Financial Corporation(COF) has rising momentum with an uptrend.

The closing price of Capital One Financial Corporation(COF) is above its 50 day moving average of 47.65 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Capital One Financial Corporation(COF) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 23-Jan-2008, about 6 trading days ago.