Capital One Financial Corp.(COF) has rising momentum with an uptrend

(30-Apr-2008) (30-Apr-2008) Capital One Financial Corp.(COF) closed at 53, down -0.61 or -1.14 % today. Based on our analysis, Capital One Financial Corp.(COF) has rising momentum with an uptrend.

The closing price of Capital One Financial Corp.(COF) is above its 50 day moving average of 49.03 (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 Capital One Financial Corp.(COF) 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 28-Apr-2008, about 4 trading days ago.