Stock Trends symbols and indicator values are used to quickly and visually communicate the results of our moving average trend analysis.
Charting
The relationship of the Stock Trends symbols to the commonly depicted method of graphing moving averages and the related price history of a stock is illustrated in the following graph:
The Stock Trends weak bullish indicator (
) alerts readers to a possible change in trend. When the current closing price is more than 3% below its 13-week moving average while the 13-week moving average remains above the 40-week moving average, a stock is labeled with a weak bullish indicator.
The Stock Trends weak bearish indicator (
) alerts readers to a possible change in trend. When the current closing price is more than 3% above its 13-week moving average while the 13-week moving average remains below the 40-week moving average, a stock is labeled with a weak bearish indicator.
