Saturday 25 January 2014

Applying Technical and market analysis to shortlisted stocks on 24th Jan (Fri)

GEL, SILC, LOGI, TECUA

GEL : Genesis Energy
The price target for this stock ranges from 52 to 60, and considering that it has already broken its low, there is a great likelihood that it will try to reach its median target, given the market is on a positive note on the day. Not from upside from thereof though.

SILC: Silicom Ltd.
the stock skyrocketed on Thursday based on the earnings report. This stock will definitely have more upside, do note that the low target is at 68, and it may definitely try to reach this target, and most probably go above it. People who bought it on Thursday or Friday, will definitely see an upside, and make some quick bucks.

LOGI: Logitech
The company has posted a great earnings, even though the stock price has shot very quickly very high, it did provide some good opportunities for people to buy the share on Friday. There is definitely more upside left, although, this will be very short term and will need continuous monitoring.

TECUA: Tecumseh Products
Slightly risky considering the change in Board, may be prone o a lot of insider trading at this point, but the technical indicators are definitely positive at this stage, so could be a good buy, but would need more in depth analysis
some high level analysis can be found here:
http://seekingalpha.com/article/1857191-another-chance-to-double-your-money-with-tecumseh-products-company?source=yahoo

Friday 24 January 2014

Stocks for today (7 day direction)

GEL : Genesis Energy
Analysis: Both 20 and 50 day moving average is on an uptrend.
MACD is (26,12) indicating the stock is in a positive direction
14 day Relative Strength is above 70
Slow stochastic indicates there is still some upward trend left
The stock will go further high from here in the next few days

LOGI : Logitech International
Analysis : Both 20 day and 50 day moving averages are on an upward trend
MACD is moving in a positive direction
14 day relative strength is above 70
Slow stochastic indicates there is a definite upward trend from here in following days
Definite uptrend from here

SILC : Silicom Ltd.
Both 20 and 50 day moving average is on an uptrend.
MACD is (26,12) indicating the stock is in a positive direction
14 day Relative Strength is above 90
Slow stochastic indicates there is still some upward trend left
Definite uptrend in the next few days

TECUA : Tecumesh Products company
Both 20 and 50 day moving average is on an uptrend.
MACD is (26,12) indicating the stock is in a positive direction
14 day Relative Strength is at 60
Slow stochastic indicates there is some upward trend left