Tuesday, April 29, 2008

Hudson City Bancorp Inc.(HCBK) has rising momentum with an uptrend

(28-Apr-2008) (28-Apr-2008) Hudson City Bancorp Inc.(HCBK) closed at 19.26, up 0.15 or 0.78 % for the day. Based on our analysis, Hudson City Bancorp Inc.(HCBK) has rising momentum with an uptrend.

The closing price of Hudson City Bancorp Inc.(HCBK) is above its 50 day moving average of 17.23 (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 Hudson City Bancorp Inc.(HCBK) 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 24-Apr-2008, about 4 trading days ago.

No comments:

Blog Archive