BEA Systems, Inc.(BEAS) is in an uptrend but could lose its momentum

(29-Feb-2008) (29-Feb-2008) BEA Systems, Inc.(BEAS) closed at 19.05, down -0.03 or -0.16 % today. Based on our analysis, BEA Systems, Inc.(BEAS) is in an uptrend but could lose its momentum.

The closing price of BEA Systems, Inc.(BEAS) is above its 50 day moving average of 17.39 (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 BEA Systems, Inc.(BEAS) is losing momentum. Sustained loss of momentum could put the uptrend at risk. The MACD histogram crossed below the signal line on 7-Feb-2008, about 16 trading days ago.