National City Corporation(NCC) has rising momentum with an uptrend

(29-Feb-2008) (29-Feb-2008) National City Corporation(NCC) closed at 16.72, down -0.6 or -3.46 % today. Based on our analysis, National City Corporation(NCC) has rising momentum with an uptrend.

The closing price of National City Corporation(NCC) is above its 50 day moving average of 16.21 (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 National City Corporation(NCC) 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 25-Feb-2008, about 5 trading days ago.