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MRTu
MORGUARD REAL ESTATE INVESTMENT TRUST UN
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 08.30.2010 (2) days ago, when the stock price was 13.5000. Since then MRTu has gained 1.33% .

BUY-IF is confirmed by a white candlestick with a lower open and a higher close. The buying price is the previous close ( 13.580 ) according to the Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market seems ready for a new bullish move. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion.

The slight failure of the previous SELL signal is currently confirmed, too. We closely monitor the performance of the signals, but a few shots missing the target slightly are inevitable when you deal with the stock market. However, such signal failures are more unlikely for higher rated stocks.

We hope that you acted quickly and already bought this stock . Today your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bullish tendency despite the lower opening, and go long after making sure that the prices stay over the previous close.

If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.

The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred on the short side last time but we hope that this is just an exception.

Data provided by:  End of Day Data

 
BUY
CONFIRMED
13.680
+0.1000 +0.74%
Candlestick Analysis
Today’s Candlestick Patterns:
White Candlestick
Candlestick Pattern

Today a White Candlestick was formed. This represents normal buying pressure.
For more about this candlestick click here.


 
 
Stock Quote
Day's Close 13.680
Previous Close 13.580
Previous Open 13.240
Change +0.1000
% Change +0.74%
Volume 22,289
 
Stock Activity
Day's Open 13.540
Day's High 13.680
Day's Low 13.440
20-Day Close M.A. 13.478
50-Day Close M.A. 13.369
65-Day Volume M.A. 24,940
 

Two-Year Signal History
Date          Price   Signal $100
Became
09.01.10 13.580    Buy   540
08.30.10 13.500    Sell 540
08.24.10 13.500    Buy 540
08.19.10 13.650    Sell 540
08.16.10 13.220    Buy 523
07.28.10 13.650    Sell 523
07.23.10 13.500    Buy 518
07.07.10 13.030    Sell 518
06.04.10 13.310    Buy 529
05.31.10 13.400    Sell 529
05.18.10 13.340    Buy 526
05.03.10 13.370    Sell 526
04.14.10 13.220    Buy 520
03.31.10 13.850    Sell 520
03.24.10 13.310    Buy 500
03.22.10 13.310    Sell 500
03.17.10 13.230    Buy 497
03.04.10 13.160    Sell 497
03.01.10 12.960    Buy 490
02.18.10 12.860    Sell 490
02.16.10 13.170    Buy 501
02.10.10 13.720    Sell 501
01.29.10 13.040    Buy 476
01.20.10 13.140    Sell 476
01.15.10 12.750    Buy 462
01.07.10 12.710    Sell 462
11.30.09 11.470    Buy 417
11.09.09 11.880    Sell 417
10.30.09 11.750    Buy 413
10.28.09 11.660    Sell 413
10.02.09 11.540    Buy 408
09.24.09 12.060    Sell 408
09.16.09 11.370    Buy 385
09.10.09 12.190    Sell 385
08.05.09 9.990    Buy 316
07.15.09 9.800    Sell 316
07.13.09 9.680    Buy 312
06.16.09 10.000    Sell 312
05.19.09 9.900    Buy 309
05.11.09 9.510    Sell 309
05.05.09 9.330    Buy 303
04.30.09 9.470    Sell 303
04.09.09 8.990    Buy 287
04.06.09 9.900    Sell 287
03.26.09 9.250    Buy 269
03.20.09 9.130    Sell 269
03.10.09 8.120    Buy 239
03.06.09 8.200    Sell 239
03.04.09 8.400    Buy 245
01.12.09 11.590    Sell 245
12.18.08 8.300    Buy 175
12.09.08 9.330    Sell 175
11.26.08 7.430    Buy 140
11.17.08 10.500    Sell 140
11.11.08 10.100    Buy 134
11.06.08 10.500    Sell 134
10.29.08 8.510    Buy 109
10.22.08 9.520    Sell 109
10.20.08 9.510    Buy 109
09.25.08 12.500    Sell 109
09.23.08 12.500    Buy 109
09.15.08 13.250    Sell 109
09.09.08 12.780    Buy 105
08.29.08 13.100    Sell 105
08.18.08 12.500    Buy 100
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  Quality maintenance-free data supplied by End of Day Data