This is a bullish signal
. The bullish trend is further confirmed by the stock's MACD chart and recent volume activity.
With these facts known, investors can calculate the annual growth rate necessary to meet the goal and judge for themselves whether the grant is a bullish signal
on the company.
Additionally, the 10-Day has recently crossed back above the 50-Day, which is viewed as a bullish signal
. The last time these moving averages crossed with one another was back in late March when the market was trading above 1.2300.
A daily close above the June swing high of 2.35 will provide the next sign of strength and give the most significant bullish signal
in more than four years.
The indicator based on ADX dynamics gave a bullish signal
in early July 2013.
The MACD is also giving a bullish signal
, diverging away from the signal line, suggesting a further upside.
Some strategists said a weekly close above 80 yen would be a strong bullish signal
that may prompt further dollar demand.
A 9-day MA serves as a trigger line: when MACD crosses below the trigger, it's a bearish signal; when MACD crosses above the trigger, it's a bullish signal
Indeed, daily RSI for the index rose from overbought levels on Thursday, but we also saw this occur last week, suggesting this is a weak bullish signal
. Accordingly, we have some clear "lines in the sand" for EUR/USD as well thanks to a rising channel formation that has contained the pair throughout the past month or so.
Summary: A bullish signal
is needed with a rally above last week's high
MACD gave a bullish signal
. DMI+ is above DMI-, while ADX is at the bottom of the scale and reversed upwards, indicating an uptrend under way.
Summary: NEW YORK -- A surprise surge in US private-sector employment last month to its highest level on record provided the most bullish signal
in months that the US economy is on the mend.