Sun Microsystems, Inc.(JAVA) has rising momentum with an uptrend

(28-Feb-2008) (28-Feb-2008) Sun Microsystems, Inc.(JAVA) closed at 17.7, up 0.18 or 1.03 % for the day. Based on our analysis, Sun Microsystems, Inc.(JAVA) has rising momentum with an uptrend.

The closing price of Sun Microsystems, Inc.(JAVA) is above its 50 day moving average of 17.04 (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 Sun Microsystems, Inc.(JAVA) 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 18-Jan-2008, about 28 trading days ago.