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IGC
INDIA GLOBALIZATION CAPITAL INC
Weekly Commentary

Our system posted WAIT . The previous SELL recommendation that was confirmed was made on 08.20.2010 (12) days ago, when the stock price was 0.6500 . Since then IGC has gained 3.08% .

Our WAIT tag says all that is to say. Stay at cash or check the other stocks while waiting the next signal. Though the prices are up since our previous SELL signal, it is yet too early for any definite long or short action in this stock.

Data provided by:  End of Day Data

 
WAIT
0.6700
+0.0900 +15.52%
Candlestick Analysis
Intraweek Candlestick:
White Opening Marubozu

Candlestick Pattern


An intraweek White Opening Marubozu was formed. This shows that the week opened and then the prices continued to go up all week long without coming below the opening level thus forming a long white body, however prices did not close at the high of the week and thus they created an upper shadow.
For more about this candlestick click here.


 
 
Stock Quote
Intraweek Close 0.6700
Previous Weekly Close 0.5800
Previous Weekly Open 0.6100
Change +0.0900
% Change +15.52%
Volume 105,535
 
Stock Activity
Week's Open 0.5800
Intraweek High 0.6960
Intraweek Low 0.5800
20-Week Close M.A. 1.0589
50-Week Close M.A. 1.2883
20-Week Volume M.A. 1,117,802
 

Two-Year Signal History
Week of          Price   Signal $100
Became
08.20.10 0.6500    Sell 57
08.06.10 0.9000    Buy 79
05.14.10 1.310    Sell 79
04.16.10 1.200    Buy 72
03.26.10 1.250    Sell 72
02.12.10 1.240    Buy 72
01.22.10 1.570    Sell 72
12.18.09 1.360    Buy 62
10.30.09 1.850    Sell 62
10.02.09 1.630    Buy 55
07.24.09 1.160    Sell 55
05.29.09 1.050    Buy 50
04.17.09 0.6535    Sell 50
01.09.09 0.9700    Buy 74
12.26.08 0.9700    Sell 74
12.12.08 0.9800    Buy 74
11.14.08 2.560    Sell 74
10.31.08 3.050    Buy 89
10.10.08 4.430    Sell 89
09.12.08 4.880    Buy 98
08.29.08 4.800    Sell 98
07.11.08 4.910    Buy 100
06.13.08 5.510    Sell 100



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