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FTBpB
FIFTH THIRD CAPITAL TR V
Weekly Commentary

Our system posted SELL-IF . The previous BUY recommendation that was confirmed was made on 05.28.2010 (96) days ago, when the stock price was 21.4500 . Since then FTBpB has gained 16.13% .

The SELL-IF alert is still valid. A bearish confirmation however is denied. The pattern is not yet rejected since the past week was not a long white candlestick week. The market is indecisive, so keep up the good work and continue to do your homework digesting all available information around.

The final judgment about the evolving pattern waits for the second week of confirmation. This time, either the bearish alert will be confirmed by one of the valid confirmation criteria or it will be void and invalid.

We are posting daily the current confirmation status, but It is still your duty to check the bearish confirmation criteria during the week. Reminding briefly, a black candlestick with a downward gap, a black candlestick closing below the previous week's close or a long black candlestick with a big upward gap is sufficient to confirm the SELL-IF alert though with a one week delay. Sell your shares in any of these cases by respecting the benchmarks. In any other case, simply ignore the SELL-IF alert. This is the last chance we allow for bearish confirmation. A confirmation failure renders the assumed bearish pattern totally invalid and starts the process of searching for a new pattern.

The bearish alert is still valid so existing short positions should be carried. New short positions may be considered only in case of valid bearish confirmation.

Data provided by:  End of Day Data

 
SELL-IF
24.910
+0.1500 +0.61%
Candlestick Analysis
Intraweek Candlestick:
White Spinning Top

Candlestick Pattern


Intraweek Confirmation Status : Currently rejected.

An intraweek White Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.


 
 
Stock Quote
Intraweek Close 24.910
Previous Weekly Close 24.760
Previous Weekly Open 24.600
Change +0.1500
% Change +0.61%
Volume 253,848
 
Stock Activity
Week's Open 24.800
Intraweek High 24.990
Intraweek Low 24.740
20-Week Close M.A. 23.392
50-Week Close M.A. 21.997
20-Week Volume M.A. 357,285
 

Two-Year Signal History
Week of          Price   Signal $100
Became
05.28.10 21.450    Buy 665
04.01.10 23.460    Sell 665
03.12.10 22.620    Buy 641
02.19.10 22.100    Sell 641
12.11.09 19.420    Buy 563
10.30.09 19.740    Sell 563
09.11.09 18.760    Buy 535
08.28.09 19.120    Sell 535
07.10.09 16.641    Buy 466
06.26.09 16.240    Sell 466
03.13.09 4.930    Buy 141
01.23.09 14.000    Sell 141
01.02.09 13.820    Buy 140
11.21.08 15.160    Sell 140
10.17.08 8.680    Buy 80
09.26.08 12.900    Sell 80
08.01.08 16.140    Buy 100
05.30.08 21.778    Sell 100



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  Quality maintenance-free data supplied by End of Day Data