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Registered User
Joined: 10/7/2004
Posts: 114
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ININ is showing conflicting signals...MoneyStream is bullish from Feb to May, but TSV is sharply bearish the same period...What would you make of this?
Would a short candidate be an accurate interpretation here??
(Not sure which indicator to give more weight?)
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Registered User
Joined: 1/28/2005
Posts: 6,049
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InvestOverTime
Its a tough call since we don't know how these indicators are calculated.
BOP was also bullish during that period.
I think the most important thing is that TSV and MS are both bullish now.
If I had to choose one, by my eye TSV has been more accurate.
(on all stocks, not necessarily this one)
Thanks
Good Luck
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Invest,
Look over the history of the stocks. Did MS or TSV do a better job in the past? If one proved more reliable in the past could you then have more faith in it now? A stock's history gives us a great context for any signal from any indicator.
- Craig
Here to Help!
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Registered User
Joined: 1/21/2005
Posts: 2
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InvestOverTime
If you are a potential buyer and looking at conflicting indicators the best course is just hit the spacebar and move on.
But, I know, it is somehow all a little ....... dissatisfying.
And, if you already hold the stock you don't have that easy cop-out, you have to make some sort of a decision.
Now, the indicators. By my observations, MoneyStream is influenced more strongly by price movements than TSV is.
TSV is influenced more strongly by volume than MS is.
The ININ price chart shows a generally rising price pattern with rising MoneyStream.
The volume chart shows a generally falling volume pattern from Feb to early May with declining TSV.
May help to explain the conflict.
Personally I think both inicators over that period are so vague I would not attempt to deduce anything from them.
Cheers
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Registered User
Joined: 5/17/2005
Posts: 221
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looing at ININ on the monthly , given time it looks like it may test 21.6 level. Looking at the daily the 10,20,50 and 200 are stacked on top of each = bullish . Looking at the 1 hour entry at 11.93 would be good (support on the 1 hour and April high). On the daily I do not see the divergence between ms / TSV . The price has formed higher highs and both indicators have also.
Back to the monthly this stock based for 4 years. Since the beginning of this year the stock has broken out of this consolidation and has trebled in price.
Nice spot
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