Equis - MACD


Review of REE (REE)


as of 06.01.09








Current Statistics





Close: 22.400


Change: 1.000


MACD Value: -0.600


Signal Line: -0.784







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 45 period(s) ago. Since the MACD crossed its moving average, REE's price has decreased 12.16%, and has ranged from a high of 29.400 to a low of 20.400.


Overbought/Oversold



The MACD is not in an Overbought/Oversold range.


Divergence



A bullish divergence occurred 4 period(s) ago. Wait for upward price movement for confirmation before considering any long positions.





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.