Seagate Technology Holdings(STX) has rising momentum with an uptrend

(28-Feb-2008) (28-Feb-2008) Seagate Technology Holdings(STX) closed at 23.59, down -0.12 or -0.51 % today. Based on our analysis, Seagate Technology Holdings(STX) has rising momentum with an uptrend.

The closing price of Seagate Technology Holdings(STX) is above its 50 day moving average of 23.16 (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 Seagate Technology Holdings(STX) 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 1-Feb-2008, about 19 trading days ago.