Secure Computing Corporation (SCUR)
Company
SCUR 1-year chart
"Secure Computing Corporation, a leading enterprise security company, delivers a comprehensive set of best-of-breed solutions that help customers protect their critical Web, email, and network assets. Our more than 22,000 global customers include the majority of the Dow Jones Global 50 Titans and numerous organizations in the Fortune 1000, all supported by a worldwide network of over 2,000 partners." (company website)
SCUR 6-month chart
Sell short
23-Apr-08. Secure is rallying off a new 52-week low on news that a new CEO has been named. In recent weeks SCUR has been lowering guidance — cynics might say so they can beat lowered expectations when earnings are released next week. In any case, SCUR looks like a good candidate to get back in the game with.
- Price momentum (PPO) — rising, but on falling volume
- Relative strength (RSI) — neutral, and has not been higher than that for a long time
- Trend (ADX) — weakening
- Volume — falling off
Based on technical analysis, MarketEdge calls SCUR a "short candidate" in a "strong downward trend."
