AMERICAN STANDARD
(ASD-NYSE):
Technical Viewpoint: From a low
of $59.95 on Jun 5, 2001 prices
rallied, reaching a
high of $63.50
on Jul 10, 2001. A
decline saw prices pull back, reaching a
low of
$56.86 on Jul 16, 2001.
Another rally saw prices penetrate
resistance, closing 8/9/01
at $70.25. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 23, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $68.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Aug 9, 2001. A P&F upside
reversal takes place at $68.50. Summary: Technical indicators have turned bullish. BUY! AMERICAN STANDARD
(ASD-NYSE) @ $70.38 Stop: Use a protective stop of $67.62.
AMERICAN STANDARD is currently trading @ $70.25 plus $1.99 on Aug 9, 2001. Price Objective:
$81.75. Risk/Reward: $2.75 VS. $11.38. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$81.75
Risk/Reward:
$2.75 VS. $11.38
Risk/Reward Ratio:
4:1
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