Sberbank equities are on the rise within the downtrend
This lowly scorecard reading indicates that it could take more than just a satisfactory earnings report to help the shares reverse their long-term downtrend
EURUSD, AUDUSD, and NZDUSD trend index numbers indicate that the USD decline could accelerate -GBPUSD trend index no longer indicates downtrend
About the DFX Trend Index The DFX Trend Index ranges from -100 to +100 and is updated everyday at 5 pm eastern US time.
This support has provided a short-term bounce for RIMM, stalling a downtrend
that had plagued the security since September.
Rosneft's stocks left the downtrend
and managed to hold at the reached levels.
Summary: -EURUSD, AUDUSD, and NZDUSD remain 'close to the mean' -GBPUSD no longer considered in downtrend
-USDCAD still considered in uptrend
Technically speaking, NVLS has been mired in a downtrend
since the beginning of August, forced lower by its declining 10-day and 20-day moving averages.
ADX is indicating the downtrend
in process; DMI+ is located below DMI-; ADX is at the bottom of the scale and reversed upwards.
50 to 100: uptrend / potential for a top increases the closer the index is to 100 25 to 50: in a range / bullish potential -25 to 25: price has reversed to the mean -50 to -25: in a range / bearish potential -100 to -50: downtrend
/ potential for a bottom increases the closer the index is to -100 EURO / US DOLLAR The trend index is at -42, which indicates range / bearish potential.
FRX has broken a long-term downtrend
line and appears to be building a strong base in the low $40's.
DMI+ is below DMI-, while ADX is at the top of the scale and is moving down; the downtrend
readings have returned to the AUDUSD and NZDUSD but bearish positions are risky until a break of support.