BMC Software Inc

AAA


For today's chart we've chosen to take a look at BMC because it is nearing the support of a five-month trendline. As you can see from the chart below, the sloping support has been able to prop up the price in the past and we will watch to see if this will be the case again. We've included the Parabolic SAR because it has historically created a buy signal each time the price has neared the trendline, which is causing many traders to wonder if this signal will be generated again. Most bulls will remain on the sidelines until the price is able to move above the resistance near $35.50.



BMC_012507.gif




You May Also Like

Related Analysis
  1. Stock Analysis

    A.M. Best Rates W.R. Berkley Corp. with a Stable Outlook - Analyst Blog

  2. Stock Analysis

    BP and Synchrony Financial Agree on Credit Program Launch - Analyst Blog

  3. Stock Analysis

    Enterprise Products' Panola Pipeline Expansion on Track - Analyst Blog

  4. Stock Analysis

    Will 3M Co. Beat Q4 Earnings on Sustainable Organic Growth? - Analyst Blog

  5. Stock Analysis

    Will Amgen (AMGN) Keep the Earnings Streak Alive in 4Q? - Analyst Blog

Trading Center