XM Satellite Radio Holdings Inc.(XMSR) has rising momentum with an uptrend

(27-Mar-2008) (27-Mar-2008) XM Satellite Radio Holdings Inc.(XMSR) closed at 12.89, down -0.61 or -4.52 % today. Based on our analysis, XM Satellite Radio Holdings Inc.(XMSR) has rising momentum with an uptrend.

The closing price of XM Satellite Radio Holdings Inc.(XMSR) is above its 50 day moving average of 11.91 (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 XM Satellite Radio Holdings Inc.(XMSR) 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 20-Mar-2008, about 5 trading days ago.