DIAMONDS Trust, Series 1(DIA) has rising momentum with an uptrend

(28-Apr-2008) (28-Apr-2008) DIAMONDS Trust, Series 1(DIA) closed at 128.79, down -0.01 or -0.01 % today. Based on our analysis, DIAMONDS Trust, Series 1(DIA) has rising momentum with an uptrend.

The closing price of DIAMONDS Trust, Series 1(DIA) is above its 50 day moving average of 124.31 (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 DIAMONDS Trust, Series 1(DIA) 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 17-Apr-2008, about 9 trading days ago.