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BMC SOFTWARE INC
(BMCS-Nasdaq):
Technical Viewpoint: From a low
of $30.00 on Apr 21, 1999 prices
rallied, reaching a
high of $45.12
on Apr 30, 1999. A
decline saw prices pull back, reaching a
low of
$37 3/8 on May 5, 1999.
Another rally saw prices penetrate
resistance, closing 5/13/99
at $44 5/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 26, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $38.00. Resistance: Is at $45.00.
Point & Figure: Reversed to the upside on May 6, 1999. A P&F upside
reversal takes place at $41.00. Summary: Technical indicators have turned bullish. BUY! BMC SOFTWARE INC
(BMCS-Nasdaq) @ $45 1/8 Stop: Use a protective stop of $42 3/8.
BMC SOFTWARE INC is currently trading @ $44 5/8 plus $2.69 on May 13, 1999. Price Objective:
$54.00. Risk/Reward: $2 3/4 VS. $8 7/8. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$54.00
Risk/Reward:
$2 3/4 VS. $8 7/8
Risk/Reward Ratio:
3:1
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