Archer Entertainment Media Communications, Inc. (AEMC.PK)
Overall, the bias in prices is: Downwards
Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction towards 0.06.
The projected upper bound is: 0.10.
The projected lower bound is: -0.05.
The projected closing price is: 0.02.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 5 white candles and 1 black candles for a net of 4 white candles. During the past 50 bars, there have been 21 white candles and 4 black candles for a net of 17 white candles.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 67.7536. This is not an overbought or oversold reading. The last signal was a buy 5 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 45.43. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. (ERROR: Function did not return a value)
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -67. This is not a topping or bottoming area. The last signal was a buy 3 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 7 period(s) ago.
Rex Takasugi – TD Profile
ARCHER ENTERTN closed down -0.001 at 0.023. Volume was 3% below average (neutral) and Bollinger Bands were 8% narrower than normal.
Open High Low Close Volume___
0.009 0.023 0.009 0.023 15,100
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period
Close: 0.03 0.05
Volatility: 1,394 1,041
Volume: 29,730 13,166
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
ARCHER ENTERTN Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect moderate flows of volume into AEMC.PK (mildly bullish). Our trend forecasting oscillators are currently Bullish on AEMC.PK and have had this outlook for the last 6 periods.
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