Coeur dAlene Mines Corporation(CDE) is in an uptrend but could lose its momentum

(28-Jan-2008) (28-Jan-2008) Coeur dAlene Mines Corporation(CDE) closed at 4.62, up 0.09 or 1.99 % for the day. Based on our analysis, Coeur dAlene Mines Corporation(CDE) is in an uptrend but could lose its momentum.

The closing price of Coeur dAlene Mines Corporation(CDE) is above its 50 day moving average of 4.43 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) below the signal line(Dark Red Line) tells us that Coeur dAlene Mines Corporation(CDE) is losing momentum. Sustained loss of momentum could put the uptrend at risk. The MACD histogram crossed below the signal line on 16-Jan-2008, about 9 trading days ago.