Market Dynamics 

Relative Strength In A Long-Term Point & Figure Chart Format

 

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Discover The Amazing Power Of Point & Figure Charting

Market Dynamics Stock Rating Service

Daily report based on user requests for a rating on a stock

Sample of a recent report - 12-15-2010

ratings 1, 2 and 3 indicates sell

ratings 8, 9 and 10 indicate buy


To all Market Dynamics users:

Market Dynamics Stock Rating Service

Date = 12/15/2010

Market Dynamics users have submitted the following stocks with a request for a long-term technical trend rating on the stock. If you would like a rating on a stock please send an e-mail to clayallen@msn.com with the ticker symbol for the stock. The cutoff for that day will be 12:00 PM Mountain Time If it is received later than Noon it will be covered on the next day's rating report. If I receive less than 20 requests for ratings I will fill out the list from a random selection of big cap stocks. These ratings are developed using the constant percent charting method with a 2.5% box.

 

The ratings are in the following table - 1 is worst, 5 is neutral, and 10 is best 1, 2, and 3 indicate sell   8, 9, and 10 indicate buy.

Ticker

Rating

1 worst

10 best

Comments

Perspective on long-term technical trend of performance.

ABC

8

Strong up trend. Pulling back toward support. No sell signals.

ADI

8

Breakout below a major congestion. Breakout above the old highs. No signs of a top.

ADTN

7

Big pullback. Remains above the 45 BSL. Everything depends on the support holding the stock up.

AMP

8

Persistent long-term uptrend. No signs of a top.

AMT

8

Pulling back toward support. Remains above the 45-degree bullish support line. No sell signals.

APH

8

Long-term shallow uptrend. No signs of a top.

BIIB

8

A major base has formed. Breakout above a major consolidation. Resistance may hold it back.

CAM

8

A major base has formed.  Breakout above the old highs. Performing well.

CHRW

8

Successful test of support. Challenging the old highs. There seems to be good chance the stock will breakout above the long-term trading range.

CHY

4

Upside breakout did not follow through. Breaking down. Lots of overhead resistance.

CMS

8

Breakout above a major consolidation. Pulling back toward support. Everything depends on the support holding the stock up.

CRR

8

Strong up trend. Remains above the 45-degree bullish support line. No signs of a top.

CTRP

3

Breaking down. Performing poorly. No indications of a reversal.

ENTR

8

Breakout above the old highs. Performing well. Persistent long-term uptrend.

ESRX

8

Remains above the 45-degree bullish support line. Challenging the old highs.

EXBD

8

Breakout above the old highs. Remains above the 45-degree bullish support line.

FAX

3

Breaking down. Lots of overhead resistance. Resistance will probably turn it back down.

FDS

8

Persistent long-term uptrend. Remains above the 45-degree bullish support line. No signs of a top.

GE

7

A major base has formed. Pulling back toward support. Support should hold the stock up.

GIS

4

Backing away from resistance. No buy signals. Resistance will probably turn it back down.

HMIN

3

A major top has formed. Remains below the 45-degree bearish resistance line. Trending down.

IDXX

8

Persistent long-term uptrend. No signs of a top. Good support close by.

INTU

8

Breakout above a major consolidation. Breakout above the old highs. Pulling back toward support.

JNPR

8

Breakout above a major consolidation. No signs of a top.

LRCX

8

Persistent long-term uptrend. Breakout above the old highs. No signs of a top.

LTD

8

Strong up trend. Remains above the 45-degree bullish support line. Pulling back toward support.

MAT

8

Persistent long-term uptrend. Remains above the 45-degree bullish support line. No signs of a top.

MDR

8

Strong up trend.  Remains above the 45-degree bullish support line. No signs of a top.

MDT

3

Breakout below a major congestion. No indications of a reversal. Performing poorly.

MRX

8

Breakout above the old highs. Pulling back toward support.

NVDA

8

A major base has formed. Trending up. Resistance may hold it back.

OGE

8

Long-term shallow uptrend. No signs of a top.

ORCL

8

Long-term shallow uptrend. Challenging the old highs. Close to a new recovery high.

PFN

3

A major top has formed. Backing away from resistance. Breaking down.

PMTC

8

A major base has formed. Good support close by. No signs of a top.

RAX

8

Breakout above a major consolidation. Remains above the 45-degree BSL. No signs of a top.

ROST

8

Long-term shallow uptrend. No signs of a top.

STR

8

Long-term shallow uptrend. No signs of a top.

TDC

8

Strong up trend. Remains above the 45-degree bullish support line. No signs of a top.

TER

8

Breakout above a major consolidation. No signs of a top.

TMK

8

Challenging the old highs. Remains above the 45-degree bullish support line.

TRMB

8

Breakout above a major consolidation. Strong up trend. No signs of a top.

TROW

8

Breakout above a major consolidation. Strong up trend. No signs of a top

UTR

3

A major top has formed. Breaking down.

VIA-B

8

Persistent long-term uptrend. No signs of a top.

WAT

8

Remains above the 45-degree bullish support line. Close to a new recovery high.

WDC

4

A major top has formed. Rally back up into resistance. Remains below the 45-degree bearish resistance line. Resistance will probably turn it back down.

W Clay Allen CFA

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This is not in any sense a solicitation or offer of the purchase or sale of securities. The factual statements herein have been taken from sources we believe to be reliable but such statements are made without any representation as to accuracy or otherwise. Opinions expressed are our own unless otherwise stated. From time to time we may buy and sell the securities referred to herein, and may have a long or short position therein. Prices shown are approximate.

 

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