Wednesday, April 30, 2008

Williams Companies, Inc.(WMB) has rising momentum with an uptrend

(29-Apr-2008) (29-Apr-2008) Williams Companies, Inc.(WMB) closed at 36.37, down -1.48 or -3.91 % today. Based on our analysis, Williams Companies, Inc.(WMB) has rising momentum with an uptrend.

The closing price of Williams Companies, Inc.(WMB) is above its 50 day moving average of 34.94 (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 Williams Companies, Inc.(WMB) 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 1-Apr-2008, about 22 trading days ago.

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