Datawatch Corp. ($DWCH) - Overbought - views

Datawatch Corp. has hit a technical signal on 3 different technical indicators. DWCH is in the Technology sector. The technical signals indicate that the stock is Overbought right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $9.18 on Feb 6.

There is currently one analyst covering the company with a Buy recommendation. The analyst covering the company is forecasting earnings of $0.01 per share. The consensus estimate for next years' earnings is $0.09 per share, which represents forecast growth of 800.0%.

Over the last 52 weeks, the stock has been trading between $3.04 and $9.88. More recently in the last 4 weeks, the stock has been trading between $5.41 and $9.88. Yesterday the stock traded between $8.81 and $9.49. The stock currently has a PE ratio of 273.5.

Datawatch Corp. is trading 31.3% from its 20-day simple moving average (SMA) of $6.99 and 50.4% from its 50-day SMA and 63.96% from its 200-day SMA. Average daily volume over the last 30 days has been 55,239 shares.

At yesterdays close: the RSI was at 85.2, the CCI was at 104.9 and the Fast Stochastic was at 83.8. DWCH closed yesterday at $9.18, on volume of 52,721 shares as compared to an average volume of 55,239 over the last 4 weeks.

Datawatch Corporation designs, develops, manufactures, markets, and supports business computer software products primarily in the United States and the United Kingdom. Its products include Monarch, which transforms structured text files into a live database that users can sort, filter, summarize, graph, and export to other applications; Monarch Data Pump, which provides information delivery and data extract, transform, and load capabilities in one automated solution; Monarch RMS, a Web-based report mining and analysis solution that integrates with any existing enterprise record management document or content management archiving solutions; Monarch BI Enterprise Server, which provides Web-enabled report storage, transformation, and distribution; and Datawatch Dashboards, an interactive dashboard solution that gives various levels of users a visual overview of operational performance, as well as the ability to monitor specific business processes and events. The company also provides Datawatch Business Document Server, a document archive system that stores text, images, data streams, and unstructured content with file compression and encryption. In addition, it offers Visual QSM, a Web-enabled IT service management system, which incorporates workflow and network management capabilities, and provides Web access to multiple databases while enabling customers to interact through browser; and Visual Help Desk that provides Web-based help desk and call center solution, as well as iMergence iStore, a report management solution, which manages computer-generated reports, mines the data contained in them, and allows users to interactively merge and transform them into new reports. Datawatch Corporation sells products through direct sales force, value-added partners, system integrators, distributors, and resellers. The company was founded in 1985 and is headquartered in Chelmsford, Massachusetts.

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.

To learn more about technical analysis, please refer to our technical analysis primer.