Thursday, February 28, 2008

Coeur dAlene Mines Corporation(CDE) has rising momentum with an uptrend

(28-Feb-2008) (28-Feb-2008) Coeur dAlene Mines Corporation(CDE) closed at 4.88, up 0.04 or 0.83 % for the day. Based on our analysis, Coeur dAlene Mines Corporation(CDE) has rising momentum with an uptrend.

The closing price of Coeur dAlene Mines Corporation(CDE) is above its 50 day moving average of 4.55 (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 Coeur dAlene Mines Corporation(CDE) 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 19-Feb-2008, about 8 trading days ago.

No comments:

Blog Archive