Talisman Energy Inc.(TLM) has rising momentum with an uptrend

(28-Feb-2008) (28-Feb-2008) Talisman Energy Inc.(TLM) closed at 17.79, up 0.01 or 0.06 % for the day. Based on our analysis, Talisman Energy Inc.(TLM) has rising momentum with an uptrend.

The closing price of Talisman Energy Inc.(TLM) is above its 50 day moving average of 17.16 (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 Talisman Energy Inc.(TLM) 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 11-Feb-2008, about 13 trading days ago.