Friday, February 1, 2008

BEA Systems, Inc.(BEAS) has rising momentum with an uptrend

(31-Jan-2008) (31-Jan-2008) BEA Systems, Inc.(BEAS) closed at 18.69, up 0.08 or 0.43 % for the day. Based on our analysis, BEA Systems, Inc.(BEAS) has rising momentum with an uptrend.

The closing price of BEA Systems, Inc.(BEAS) is above its 50 day moving average of 16.24 (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 BEA Systems, Inc.(BEAS) 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 15-Jan-2008, about 13 trading days ago.

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