Stock Technical indicators to notice in COMMVAULT SYSTEMS (D6I.DE)
1- Last bullish trend was from 27.45 $ (2/17/2011) to 30.50 $ (4/4/2011) a 3.05 $ move 2- The current bearish trend started from 30.50 $ at 4/4/2011 and is currently trading at 28.00 $.
4- D6I.DE current resistance level is at 28.62 which is the 61.80 % fibonacci retracement of the last 3.05 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
COMMVAULT SYSTEMS (D6I.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 27.450 and 7.650 that was broken down at 30.500 transforming into a resistance line.
COMMVAULT SYSTEMS (D6I.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 27.450 and 7.650 that was broken down at 30.500 transforming into a resistance line.
COMMVAULT SYSTEMS (D6I.DE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
COMMVAULT SYSTEMS (D6I.DE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 28.59, 28.62, 28.95, 28.98, 29.25, 29.33, 29.55, 29.78, 30.50, 52.20,.
Stock Support levels : 27.45, 26.62,.
Related Stocks
| CHINA CITIC BK -H- |
| PETROHUNTER ENERGY |
| COMMERCE RESOURCES |
| BDI BIODIESEL INT |
| L INTL COMPUTERS |
