Monday, March 31, 2008

Host Marriott Financial Trust(HST) is in an downtrend but momentum is showing some life

(31-Mar-2008) (31-Mar-2008) Host Marriott Financial Trust(HST) closed at 16.21, down -0.25 or -1.52 % today. Based on our analysis, Host Marriott Financial Trust(HST) is in an downtrend but momentum is showing some life.

The closing price of Host Marriott Financial Trust(HST) is below its 50 day moving average of 16.62 (Designated by blue line). This indicates that the trend is down. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Host Marriott Financial Trust(HST) is gaining momentum. An downtrend with sustained rising momentum could be early sign of reversal. The MACD histogram crossed above the signal line on 24-Mar-2008, about 6 trading days ago.

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