Thatis far abovetheperformance for anordinaryfive-day period during the year, when the Dow typically is up about 0.1% (reflecting the fact that stocks, on average, trendgraduallyhigher).
We don't have the accuracy yet to determine the magnitude of the average global trend, but we at least are trying to point out the signs of these trends.
The overall structure shows a long base, a sharp breakout in October, a nice consolidation platform, the 50-day moving average and trend line that held, and this stock is moving up.
The security is currently perched on support at its rising 10-week moving average, a trend line the stock has not closed a week below since early April.