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BMC SOFTWARE INC
(BMCS-Nasdaq):
Technical Viewpoint: From a low
of $13.06 on Dec 27, 2000 prices
rallied, reaching a
high of $33.00
on Jan 19, 2001. A
decline saw prices pull back, reaching a
low of
$27.75 on Feb 5, 2001.
Another rally saw prices penetrate
resistance, closing 2/8/01
at $31.56. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 8, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $29.00. Resistance: Is at $33.00.
Point & Figure: Reversed to the upside on Feb 6, 2001. A P&F upside
reversal takes place at $30.00. Summary: Technical indicators have turned bullish. BUY! BMC SOFTWARE INC
(BMCS-Nasdaq) @ $32.38 Stop: Use a protective stop of $30.12.
BMC SOFTWARE INC is currently trading @ $31.56 plus $1.93 on Feb 8, 2001. Price Objective:
$43.00. Risk/Reward: $2.25 VS. $10.62. Today's Risk Reward Ratio: 5.1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$43.00
Risk/Reward:
$2.25 VS. $10.62
Risk/Reward Ratio:
5.1
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