Code Rebel Corp (NASDAQ:CDRB) Trading Outlook

Code Rebel Corp (NASDAQ:CDRB) Trading Outlook

Code Rebel Corp closed down  -0.050 at   2.690.  Volume was 27% below average (neutral) and Bollinger Bands were 68% wider than normal.

Open     High      Low     Close     Volume___
2.770    2.880    2.580    2.690      82,181

 

The current market condition for Code Rebel Corp is:

Very Bearish and Ready to Reverse

The close is currently Below it’s 200 period moving average.
The close is currently Below  it’s 90 period moving average.
The close is currently Below  it’s 30 period moving average.

Technical Outlook
Short Term:                Neutral
Intermediate Term:   Bullish
Long Term:                  Bullish

Moving Averages: 10-period     50-period     200-period
Close:                                 2.78           2.64           6.23
Volatility:                           229            254            213
Volume:                  152,407        111,379         65,189

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.

Summary

Code Rebel Corp is currently 56.8% below its 200-period moving average and is in an downward trend.  Volatility is high as compared to the average volatility over the last 10 periods.  Our volume indicators reflect volume flowing into and out of CDRB.O at a relatively equal pace (shifting from bearish to bullish).  Our trend forecasting oscillators are currently bearish on CDRB.O and have had this outlook for the last 5 periods and look ready to reverse.

Momentum

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.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20).  The Stochastic Oscillator is 47.8261.  This is not an overbought or oversold reading.  The last signal was a  buy 4 period(s) ago.

Code Rebel Corporation develops, markets and licenses its interactive remote application (iRAPP) terminal services (TS) solution. The Company’s iRAPP allows users of Windows-based personal computers (PCs) and Apple Inc. computers (Macs) to access programs on their PCs and Macs through a single device using a single monitor, mouse and keyboard. Its software provides interaction of a remote or locally networked Mac OS X server in a merged PC/Mac desktop environment.

The Company markets and licenses multiple software products, which are grouped into three product families: client-side products, terminal server products and access products.

Its iRAPP client-side products allow an end user to connect from a PC to a Mac remote desktop within the Windows environment. Its iRAPP terminal server products enable a number of end users to remotely access Mac computer applications and data stored on a central management server from a range of computer and mobile electronic devices. Its access products provide additional connectivity and functionality to its terminal services products.

The Company’s iRAPP client-side products include iRAPP Client for Mac OS X and iRAPP Client for Windows, which connects client software to iRAPP or iRAPP TS. Its iRAPP terminal server products include iRAPP, which is a single-user remote desktop server for Mac OS X that allows a single client to connect to a single server, and iRAPP TS, which is a multi-user terminal server for Mac OS X that allows multiple clients to connect to a single server simultaneously.

Its iRAPP access products include iRAPP load balancer and iRAPP gateway. It markets and distributes its software products through direct sales and its reseller program. It has a network of approximately 17 resellers located in nine countries.

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