NCR - NCR Corporation (NYSE Stock)

[BadThad]

Just doing some light DD on this co for a forum member:

NCR Corporation - Google Finance

Current stock price: $9.25
52wk Range 6.62 - 15.24

The stock has been on a down trend for months now. Positive earnings 3 of the last 4 qtr's.

Technical - Trading near bottom support of 9.47. Trading below 9-20-200 MA, RSI around 30. Stock is down over 30% over the last 60 days.

I need to look at the fundamentals a bit more, but this stock looks like it could come back to the upper resistance of $10-11 at least. However, if the overall market continues to slide, this could drop back near the 52-week low of $6.

[najd]

Thanks allot for your time , going to 6$ ?! may be this is market and any thing could happen , put take your time to read more about it couse it may be also its going to 15 $

[thegreatgate]

I said $8 because you have to be very careful in this market and it looks like 2 times in April NCR bounced off of the $7.75-$8 area. Also all indicators are still down. Finally, you have short-term moving averages crossing below long-term moving averages. This is not a good sign. You want the short-term MAs to cross above the long-term MAs. It is a great find thought and I will try to keep an eye on it. Right now it's riding the lower bollie down but stocks usually don't do this too long before bouncing. Usually a stock will only trade below the lower bollie for a short period of time before bouncing...

[BadThad]

BOOM! NCR up big, over 12% today! Great pick najd!

Current stock price: $10.96

[greencat]

NCR making a bad ass move.

NCR Chart

[HPotter]

Stock go out of the range and closing above. Now we will testing support line and if it will not broke then $24 is target for move up. Else support line will broke, then down move to next support line of the range. My opinion is move up.

[BadThad]

Nice analysis there Potter!

[HPotter]

Originally Posted by BadThad

Nice analysis there Potter!

Thank you. I hope I will true.