Shares of computer companies and suppliers closed slightly lower Tuesday in line with the general weakness of the market.
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The RS shows a longer-term pattern of lower lows (line e), which is a sign of weakness.
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The mid-September drop below the support from the early 2011 highs, line f, was a sign of weakness.
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The break below the uptrend on the McClellan Oscillator support (line e) is also a sign of weakness.
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The RS analysis has been in a long-term downtrend since 2009 (line c), which is a sign of weakness.
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The OBV has formed lower highs (line j), and this negative divergence is a sign of weakness.
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The drop in the MACD-His below the zero line last week (see arrow) is also a sign of weakness.
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