Capstone Turbine Corp.(CPST) has rising momentum with an uptrend

(23-May-2008) (23-May-2008) Capstone Turbine Corp.(CPST) closed at 3.91, up 0.15 or 3.99 % for the day. Based on our analysis, Capstone Turbine Corp.(CPST) has rising momentum with an uptrend.

The closing price of Capstone Turbine Corp.(CPST) is above its 50 day moving average of 2.93 (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 Capstone Turbine Corp.(CPST) 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 12-May-2008, about 16 trading days ago.