Flash forward to November 2012 and we see AAPL closing 8% below its 40-week moving average.
On the weekly chart, you can see that price is already below the 40-week moving average.
In 2013, the stock has added close to 25%, ushered higher atop its 10-week moving average.
Currently, BBBY is in the process of rebounding from support at its 20-week moving average.
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The four-week moving average of first-time filings for unemployment benefits fell by 7, 000, to 408, 000.
Currently, the networking ETF is battling overhead resistance at its falling 20-week moving average.
While the PBW has recently pulled back, it has held support at its 20-week moving average.
The four-week moving average dropped 8, 250 to 351, 750, representing the the lowest level since March 2008.
The four-week moving average however, rose to 386, 250, which marks the highest level since December.
This has resulted in the eight-week moving average reaching 53%, its highest level since January 6, 2005.
Specifically, JASO is on pace to log a second consecutive weekly close beneath its 50-week moving average.
However, TAN has rebounded in recent sessions, overtaking its 10-week trendline, and challenging its 20-week moving average.
In the last 2 weeks, on the weekly chart, it closed above the 40-week moving average twice.
The stock appears to be forming a new handle, continuing to get support above its 10-week moving average.
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The four week moving average, a more steady gauge, reflected a slight increase in jobless claims, rising to 394, 250.
The four-week moving average of jobless claims also tells an improved story, with the latest average falling, not rising.
Pink slips increased last week by 44, 000 to 448, 000, while the four week moving average rose 11, 000 to 393, 000.
Drilling down on JNPR, the equity is fighting a losing battle with overhead resistance at its 20-week moving average.
These measures include the current reading, the number of weeks above its historical average and the eight-week moving average.
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The move below the 80-week moving average gives us cause for great concern.
The four week moving average for the refinancing index also dropped, by 3.7%.
On the weekly chart, the 40-week moving average has begun to trend downward.
Its price is holding above its key 10-week moving average as it begins Week 7 of consolidating price gains.
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In fact, since late September 2010, DVN has marched consistently higher along the unflagging support of its 10-week moving average.
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But the market turmoil failed to stem ANR's uptrend, with the shares rebounding from support at their 160-week moving average.
One basic proxy we use for investor sentiment is the percentage of NYSE stocks selling above their 30-week moving average.
Its 30-week moving average continues to prove itself as important support, while the breaking of trendlines to the downside are negatives.
The four-week moving average decreased by 12, 750 to 388, 500, marking the lowest level of jobless claims since the spring of 2008.
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The four-week moving average, which is helpful in smoothing out the ups and downs of the weekly figures, was down 6.2%.
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