


The intermediate trend is good. Most of the stocks are near their 20-day high. I am generally positive on the sector.
TREND ANALYSIS
In the Figure you can see a summary of the trend conditions of the Index stocks. I used the 20, 50, 100 and 200 days moving average of the close. The background is Green when the close is > than the moving average. Red when it is below and yellow when it crosses. + and - indicate the slope of the moving average.
RANGE ANALYSIS
I have also programmed Tradestation Radarscreen to display:
- range of the past 20 trading sessions (%);
- % from the lowest close of the past 20 trading session. The cell
is RED if the close of today is the lowest close of the past 20 days.
- % from the highest close of the past 20 trading session. The cell
is GREEN if the close of today is the highest close of the past 20 days.
In the other columns I included the % of the close from the 20,50 and 100 days moving average.
CONSECUTIVE UP/DOWN CLOSES
I have programmed the Tradestation Radarscreen to display how nany consecutive up/down closes have been printed and what is the probability that the next day tomorrow) the asset closes in the opposite direction. I have calculated the probability using the past 1000 trading days.
The stocks object of screening are:
Exelon Corp. (EXC), 2Southern Co. (SO), Dominion Resources Inc. (D), FPL Group Inc. (FPL), Duke Energy Corp. (DUK), Public Service Enterprise Group Inc. (PEG), Entergy Corp. (ETR), FirstEnergy Corp. (FE),PPL Corp. (PPL), American Electric Power Co. Inc. (AEP), EDISON INTERNATIONAL (EIX), PG&E Corp. (PCG), Constellation Energy Group Inc. (CEG), SEMPRA ENERGY (SRE), AES Corp. (AES), Consolidated Edison Inc. (ED), Progress Energy Inc. (PGN), Ameren Corp. (AEE), Allegheny Energy Inc. (AYE), Questar Corp. (STR), Xcel Energy Inc. (XEL), DTE Energy Co. (DTE), NiSource Inc. (NI), CenterPoint Energy Inc. (CNP), Dynegy Inc. Cl A (DYN), Pinnacle West Capital Corp. (PNW), Integrys Energy Group Inc. (TEG), CMS Energy Corp. (CMS), Teco Energy Inc. (TE), Nicor Inc. (GAS), Pepco Holdings Inc. (POM)