Monday, April 9, 2012

Mahanagar Telephone Nigam - MTE - sell signals

Today I deleted Mahanagar Telephone Nigam (MTE) from the Barchart Van Meerten Speculative portfolio for negative price momentum:


Barchart technical indicators:
  • 64% Barchart technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • Down 22.90% in the last month
  • Down 58.44% from its 1 year high
  • Relative Strength Index 40.67%
  • Recently traded at 1.01 which is below its 50 day moving average of 1.16

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