The stock was flat for some time then had a sharp drop in price. Some of the other technical factors:
- 60% Barchart short term technical sell signal
- Trend Spotter (tm) sell signal
- Trading below its 20 and 50 day moving averages
- 13.45% off its recent high
- Relative Strength Index is 41.15% and falling.
Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.
Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.
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