[BULLISH]: Synopsys Inc currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 1.1%.
[BULLISH]: Check Point Software current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 109.6585.
[BULLISH WEAK]: Autodesk Inc opened in the lower part of daily range at 12.8% & closed in the middle part of the trading range at 50.9%. This suggests the buyers have lost commitment. Over the last 12 months there has been 27 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 10.3%. Over the last month there has been 5 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 33.3%.
IIJI: Stochastic Oscillator Trading -> (1) 20 Oct: 78.8 (2) 19 Oct: 94.9 (3) 17 Oct: 73.6
[BEARISH]: Vasco Data Security is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
NASDAQ Stock Exchange
[BULLISH]: Xcerra Corp current accumulation has given strength to the share price and the continuation of bullish trading conditions.
[BEARISH]: Trimble Navigation is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @83.5201
[Weak Trend]: ADX for AVGO has confirmed a weak trend is presentBroadcom has an ATR(14) of 4.518, a DX of 19.54 & an ADX(14) of 15.22
[WEAK BULLISH]: Gogo Incsellers are becoming less eager. This is the first day sellers have decreased eagerness for GOGO reducing strength to a downtrend in the first timeframe. The biggest price range this month has been $2 & the greatest daily price range this year has been $6.2. The price range ratio this week versus the quarterly price range is 0.5x & the price range ratio this month versus the year to date price range is 0.3x.
Carbonite has broken the first resistance point ($23.016) [Bullish]. Look for a long limit order entry near this point. Exit price for CARB should be set @$23.333 & Stoploss for Carbonite should be set between $22.233 & $21.916
[BULLISH]: Commscope is in an uptrend in the short term timeframe. The current rally number is 2 & the highest rally count for the LTM is 4
Appfolio Key financial metrics: (1) EPS: $0.03 (2) P/E Ratio: 1585.48
[BEARISH]: Verisign Inc currently has negative Volume MACD of -32812. This means the signal line is less than the Volume MACD line signalling a bearish movement.
[BULLISH]: Lam Research Corp current volume uptrend in the first timeframe. Volume for LRCX is3.10521e+006 (2.8).
[BULLISH]: Facebook Inc current price has highlighted recent buying pressure. Currently, the Elders Force Index is 5.71732e+006.
[BEARISH]: Scansource Inc currently has negative rate of change of -48%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.2%.
[BULLISH]: Hortonworks current uptrend in the first timeframe. Currently, the Range is $0.45.
[BULLISH]: Solaredge Tech current price has highlighted recent buying pressure. Currently, the Elders Force Index is 123156.
[BULLISH]: Cognex Cp currently has positive rate of change of 8.9%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction
[BEARISH]: Applied Materials current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 53.9070.