Compucredit Holdings Corp. (CCRT) goes negative by breaking below intraday moving average 2012/10/23 16:33

The intraday price for Compucredit Holdings Corp. has moved below its 200 period 30 minute moving average of 3.89. CCRT is around 3.86 bucks now. Going below the moving average deepens the negative trend.

The price is already below support of $3.92.

Other stocks to watch – these have a positive correlation with Compucredit Holdings Corp.:

Cielo Sa (CIOXY) with a correlation of 96.7%

Hsbc Hldgs Plc .50Uk (HBCYF) with a correlation of 95.82%

DJ U.S. Health Care Providers Index (IHF) with a correlation of 96.81%

FINANCIAL (NNYK) with a correlation of 96.53%

S&P Global1200-Financials [Sector] (SSGF) with a correlation of 95.81%

For the math geeks and quants – the most recent Slope: -0.03 Intercept: 3.92 close: 3.86