Yongye International (YONG) goes negative by breaking below intraday moving average 2012/01/27 13:49

The intraday price for Yongye International has moved below its 200 period 30 minute moving average of 4.26. YONG is around 4.22 bucks now. Yongye International has a positive trend.

The price is above the trend line, which is about $4.16.

Other stocks to watch – these have a positive correlation with Yongye International:

Soybean Meal {Jul 11} (ZMN11) with a correlation of 94.56%

CBOE Technology Index Reduced Leap (ZOC) with a correlation of 94.26%

30-Day Fed Funds {Jun 10} (ZQM10) with a correlation of 94.8%

30-Day Fed Funds {Jun 12} (ZQM12) with a correlation of 94.5%

30-Day Fed Funds {Aug 12} (ZQQ12) with a correlation of 96.96%

For the math geeks and quants – the most recent Slope: 0.1 Intercept: 4.16 close: 4.22