MOTHERSUMI buy signal update for 08 Nov 2015

• MOTHERSUMI closed up  23.800 at 266.200.  Volume was 236% above average (trending) and Bollinger Bands were 79% narrower than normal. 

• Open         High         Low        Close     Volume___

• 245.000   271.550   241.250   266.200   12,424,317

 

• Technical Outlook 

• Short Term:              Neutral

• Intermediate Term:    Bullish

• Long Term:              Bearish

• Moving Averages: 10-period     50-period     200-period

• Close:                     247.10         261.32         413.14

• Volatility:                      60              65               74

• Volume:                 3,966,788      4,988,509      2,455,688

   MOTHERSUMI is currently 35.6% below its 200-period moving average and is in an upward trend.  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 volume flowing into and out of MOTHERSUMI at a relatively equal pace (neutral).  Our trend forecasting oscillators are currently bullish on MOTHERSUMI and have had this outlook for the last 14 periods.     

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