Wd-40 Company (WDFC) goes negative by breaking below intraday moving average 2012/11/09 17:46

The intraday price for Wd-40 Company has moved below its 200 period 30 minute moving average of 47.4. WDFC is around 47.16 bucks now. Going below the moving average deepens the negative trend.

The price is already below support of $47.42.

Other stocks to watch – these have a positive correlation with Wd-40 Company:

FTSE World (WI01) with a correlation of 97.3%

FTSE World ex South Africa (WI02) with a correlation of 97.4%

Webzen Inc Ads (WZENY) with a correlation of 95.5%

NYSE Composite (YV) with a correlation of 97.09%

(ZSIKRF) with a correlation of 95.66%

For the math geeks and quants – the most recent Slope: -0.01 Intercept: 47.42 close: 47.16