November 05, 2009

CCI Signals for Jones Apparel

By Arthur Hill

On the Stockcharts.com scan page for Wednesday evening, there were 20 CCI sell signals among NYSE stocks. A CCI sell signal occurs with a plunge below -100. Conversely, a CCI buy signal triggers with a surge above +100. CCI for Jones Apparel (JNY) surged above +100 on July 23rd and plunged below -100 on October 28th, four months later. There was a second dip below -100 on Wednesday to affirm the sell signal.

091105jny
Click this chart for details.

Comments

The comments to this entry are closed.

About D.I.T.C!

This blog contains charts that we think are 'interesting' from a technical analysis perspective. These charts are presented for educational purposes only. We are not making any buy or sell recommendations here. Terms of Service


 
Advertisement: