Dynegy Inc.(DYN) has rising momentum with an uptrend

(28-Feb-2008) (28-Feb-2008) Dynegy Inc.(DYN) closed at 7.56, down -0.7 or -8.47 % today. Based on our analysis, Dynegy Inc.(DYN) has rising momentum with an uptrend.

The closing price of Dynegy Inc.(DYN) is above its 50 day moving average of 7.33 (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 Dynegy Inc.(DYN) 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 29-Jan-2008, about 22 trading days ago.