Skechers U.S.A. (SKX) goes negative by breaking below intraday moving average 2012/10/08 16:07

The intraday price for Skechers U.S.A. has moved below its 200 period 30 minute moving average of 17.22. SKX is around 17.16 bucks now. Skechers U.S.A. has a positive trend.

The price is above the trend line, which is about $15.78.

Other stocks to watch – these have a positive correlation with Skechers U.S.A.:

SOLTERA MINING CORP (SLTAE) with a correlation of 98.68%

Wells Fargo AdvantageUltra Short Duration Bond Fund Class B (SSDKX) with a correlation of 98.68%

Wells Fargo Advantage Ultra Short Duration Bond Fund Class C (SSHCX) with a correlation of 98.68%

Wells Fargo Advantage Ultra Short Duration Bond Fund Class Z (STGBX) with a correlation of 98.82%

Wells Fargo Advantage Ultra Short Duration Bond Fund Class A (STSDX) with a correlation of 98.68%

For the math geeks and quants – the most recent Slope: 1.45 Intercept: 15.78 close: 17.16