May 25, 2017
Singapore Stock Analysis – Stock Stories
BMH HupSteel and Moving Average and Bollinger Bands
Study BMH, HUPSTEEL LTD stock price action. The stock price has on the sideways since last November.
Manage your investment.
Price and moving averages:
HUPSTEEL LTD, BMH has closed below its 20 period, Short Term moving average.
Short Term moving average is currently below 50 period Mid-Term, and above 100 period Long Term moving average.
The relationship between price action and moving averages is bearish in short-term, and neutral in mid-long term.
Bollinger Bands:
BMH, HUPSTEEL LTD has closed above bottom band.
Bollinger Bands are somewhat wider than normal.
The current width of the bands does not suggest anything about the future volatility or movement of price action.
Trade with Eyes Open Manage Your Risk
Moses
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
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