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Momentum Targets on Watch For Cypress Semiconductor Corporation (NASDAQ:CY), Yelp Inc. (NYSE:YELP)

Sell-side analysts are offering a consensus “Buy” rating on shares of Cypress Semiconductor Corporation (NASDAQ:CY).  Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 2.40.  Based on a recent trade, the shares are hovering around $16.09 which, according to analysts, yield significant upside potential to the […]

Monitoring the Short-Term Outlook on Greif Bros. Corp Cl B (GEF.B) as ADX Reading Shows Buy

Investors may be studying some short-term indicators on shares of Greif Bros. Corp Cl B (GEF.B). The current 7-day average directional indicator is Buy. This signal may be used to determine the market trend. The 7-day directional strength is Maximum . This trend strength indicator measures the signal based on historical performance where minimum would represent the weakest, and maximum […]

Ambev S.A. (ABEV) RMI Climbing Towards Key Levels

Investors and paying cloes attention to shares of Ambev S.A. (ABEV) as the Relative Momentum Indicator or RMI has been spotted trending higher over the past week.  As momentum builds for the shares, we will watch to see if the price moves into overbought territory.   The Relative Momentum Index was introduced by Roger Altman, was publishing in 1993 in […]

Facebook Inc (FB) RMI Rising Over Past Week

Investors and paying cloes attention to shares of Facebook Inc (FB) as the Relative Momentum Indicator or RMI has been spotted trending higher over the past week.  As momentum builds for the shares, we will watch to see if the price moves into overbought territory.   The Relative Momentum Index was introduced by Roger Altman, was publishing in 1993 in […]

Bristol-Myers Squibb Company (BMY): Short-Term Channel Update as ADX Crosses into ‘Buy’

Investors may be studying some short-term indicators on shares of Bristol-Myers Squibb Company (BMY). The current 7-day average directional indicator is Buy. This signal may be used to determine the market trend. The 7-day directional strength is Average . This trend strength indicator measures the signal based on historical performance where minimum would represent the weakest, and maximum would indicate […]

Comcast Corp A (CMCSA)’s RMI Trend Increasing Over Past Week

Drilling into the technicals for Comcast Corp A (CMCSA), we have noticed that the Relative Momentum Indicator, or RMI, has been trending higher over the past week.  Traders will be actively monitoring current levels as the shares potentially close in on overbought territory. Similar to RSI, the RMI indicator moves in the range of 0 to 100; and the same as with […]

Shedding Some Light on the 12260 Magic Formula Rank For Wallbridge Mining Company Limited (TSX:WM)

Wallbridge Mining Company Limited (TSX:WM) has Magic Formula Rank of 12260. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at a price attractive to investors. The formula combines ROIC and earnings yield ratios to find solid, undervalued stocks. In general, companies with the lowest combined rank may be the higher […]