Equis - MACD


Review of REE (REE)


as of 29.12.08








Current Statistics





Close: 20.500


Change: -0.500


MACD Value: -0.856


Signal Line: -0.887







The MACD can provide buy/sell indications in three ways, signal line crossovers, overbought/oversold conditions, and divergences.


Crossovers



Currently the MACD is bullish since it is trading above its signal line.The MACD crossed above its signal line 40 period(s) ago. Since the MACD crossed its moving average, REE's price has decreased 19.61%, and has ranged from a high of 29.400 to a low of 20.500.


Overbought/Oversold



The MACD is in an oversold range. Prices may continue to move lower for some time. Wait for prices to move higher before considering any long positions.


Divergence



There have been no divergence signals within the last 5 periods.





This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. Equis accepts no liability whatsoever for any loss arising from any use of this expert or its contents.