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AMERICAN STANDARD COS
(ASD-NYSE):
Technical Viewpoint: From a low
of $58.20 on Feb 5, 2002 prices
rallied, reaching a
high of $71.10
on Mar 20, 2002. A
decline saw prices pull back, reaching a
low of
$66.50 on Mar 26, 2002.
Another rally saw prices penetrate
resistance, closing 4/8/02
at $73.98. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 27, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $71.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 5, 2002. A P&F upside
reversal takes place at $72.50. Summary: Technical indicators have turned bullish. BUY! AMERICAN STANDARD COS
(ASD-NYSE) @ $74.13 Stop: Use a protective stop of $71.63.
AMERICAN STANDARD COS is currently trading @ $73.98 plus $1.33 on Apr 8, 2002. Price Objective:
$95.00. Risk/Reward: $2.50 VS. $20.88. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$95.00
Risk/Reward:
$2.50 VS. $20.88
Risk/Reward Ratio:
8:1
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