Sara Lee Corp.(SLE) is in an uptrend but could lose its momentum

(29-Apr-2008) (29-Apr-2008) Sara Lee Corp.(SLE) closed at 14.51, up 0.39 or 2.76 % for the day. Based on our analysis, Sara Lee Corp.(SLE) is in an uptrend but could lose its momentum.

The closing price of Sara Lee Corp.(SLE) is above its 50 day moving average of 13.52 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) below the signal line(Dark Red Line) tells us that Sara Lee Corp.(SLE) is losing momentum. Sustained loss of momentum could put the uptrend at risk. The MACD histogram crossed below the signal line on 15-Apr-2008, about 12 trading days ago.