Interwoven (IWOV)

Company

"Interwoven, Inc., provider of Enterprise Content Management solutions for business, enables organizations to unify people, content and processes to minimize business risk, accelerate time-to-value and sustain lower total cost of ownership. Interwoven delivers deep industry-specific solutions which reduce business process cycle time from initial collaboration through design, production, sales, marketing, legal review, IT and service. Interwoven leads the industry with a service-oriented architecture today and easy-to-use, best-in-class components and solutions." (company website)

Buy

8-Dec-05. Interwoven has been trending up since bottoming in July. It broke past the $9.50 level about a month ago, pulled back, and now appears ready for further advances, possibly past $10.

• Price momentum (PPO) — ticking back up after a long gradual decline
• Trend (ADX) — stabilized after a long decline and buying pressure (+DI) moving above selling pressure (-DI) again
• Money flow (CMF) — lots of money flowing into the stock
• Relative strength (RSI) — strengthening
• Volume — has tapered off

Sell

21-Feb-06. I reluctantly bid farewell to IWOV today. Although the 200-day average is rising, the 50-day average is declining, and IWOV seems to have run out of juice: momentum (PPO) is off; selling pressure (-DI) is higher than buying pressure (+DI); relative strength (RSI) is declining; and money flow (CMF) is neutral. I had thought the earnings report at the end of January might perk IWOV up, but it hasn't. Bye-bye!