Lehman Brothers Fin SA(LEH) has rising momentum with an uptrend

(29-Jan-2008) (29-Jan-2008) Lehman Brothers Fin SA(LEH) closed at 62.53, up 1.9 or 3.13 % for the day. Based on our analysis, Lehman Brothers Fin SA(LEH) has rising momentum with an uptrend.

The closing price of Lehman Brothers Fin SA(LEH) is above its 50 day moving average of 60.59 (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 Lehman Brothers Fin SA(LEH) 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 24-Jan-2008, about 5 trading days ago.