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NPWZ
NEAH POWER SYSTEMS INC
Weekly Commentary

Our system posted BUY-IF . The previous SELL recommendation that was confirmed was made on 07.23.2010 (48) days ago, when the stock price was 0.0900 . Since then NPWZ has fallen -24.44% .

The BUY-IF alert is still valid. A confirmation was denied, but the pattern is not rejected yet since the past week was not a long black candlestick one. The market is currently testing your patience. Continue to do your homework by digesting all available information around.

The final judgment about the evolving pattern waits for the second week. Either the alert will be confirmed by one of the valid confirmation criteria or the bullish alert will be void and null.

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

We do not yet suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.

Data provided by:  End of Day Data

 
BUY-IF
0.0680
+0.0030 +4.62%
Candlestick Analysis
Intraweek Candlestick:
Doji

Candlestick Pattern


Intraweek Confirmation Status : Currently rejected.

An intraweek Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.
For more about this candlestick click here.


 
 
Stock Quote
Intraweek Close 0.0680
Previous Weekly Close 0.0650
Previous Weekly Open 0.0690
Change +0.0030
% Change +4.62%
Volume 222,169
 
Stock Activity
Week's Open 0.0700
Intraweek High 0.0700
Intraweek Low 0.0650
20-Week Close M.A. 0.1037
50-Week Close M.A. 0.4537
20-Week Volume M.A. 1,128,486
 

Two-Year Signal History
Week of          Price   Signal $100
Became
07.23.10 0.0900    Sell 924
07.02.10 0.0800    Buy 822
05.07.10 0.1800    Sell 822
04.23.10 0.2000    Buy 913
12.31.09 0.7400    Sell 913
12.04.09 0.8000    Buy 987
11.13.09 1.020    Sell 987
10.23.09 1.110    Buy 1,074
07.31.09 23.200    Sell 1,074
06.12.09 1.500    Buy 69
05.22.09 2.000    Sell 69
05.01.09 2.400    Buy 83
11.14.08 1.000    Sell 83
10.03.08 1.200    Buy 100



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