BJ Services Company(BJS) has rising momentum with an uptrend

(31-Mar-2008) (31-Mar-2008) BJ Services Company(BJS) closed at 28.39, up 0.41 or 1.47 % for the day. Based on our analysis, BJ Services Company(BJS) has rising momentum with an uptrend.

The closing price of BJ Services Company(BJS) is above its 50 day moving average of 24.15 (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 BJ Services Company(BJS) 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 26-Mar-2008, about 4 trading days ago.