Yamana Gold, Inc.(AUY) has rising momentum with an uptrend

(29-Jan-2008) (29-Jan-2008) Yamana Gold, Inc.(AUY) closed at 16.3, down -0.08 or -0.49 % today. Based on our analysis, Yamana Gold, Inc.(AUY) has rising momentum with an uptrend.

The closing price of Yamana Gold, Inc.(AUY) is above its 50 day moving average of 13.88 (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 Yamana Gold, Inc.(AUY) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line today, let us see if it sustains.