Stellent (STEL)
Company
"Stellent is a global provider of content management software solutions that drive rapid success for customers by enabling fast implementations and generating quick, broad user adoption. Stellent Universal Content Management enables customers to rapidly deploy line-of-business applications as well as content management solutions for enterprise initiatives such as enterprise portals and business commerce applications." (company website)
Buy
25-Oct-05. Stellant has been climbing gradually since May and is now poised to push through the $9 level, which has long been a point of resistance for most of the past two years. Market Edge has STEL a "strong buy."
- Price momentum (PPO) — picking up
- Trend (ADX) — increasing strength
- Money flow (CMF) — neutral
- Relative strength (RSI) — was briefly overbought
- Volume — stable
Sell
15% this lot
1-Dec-04. I had tried to sell my shares in STEL earlier, on 23-Nov, but only 100 shares sold at my price. Since then, the chart has weakened and I decided it was time to bail out: momentum (PPO) is falling off; money flow (CMF) remains negative; stochastic RSI is peaking lower. Recent sessions have left a long upper tail on the candle (failure to maintain advance). STEL is near a 52-week high, which makes me think a correction is in order.
