3SOF

 Bet you wished you hadnt asked!!
  Stochastic Oscillator



A technical momentum indicator that compares a security's closing price to its price range over a given time period. The oscillator's sensitivity to market movements can be reduced by adjusting the time period or by taking a moving average of the result. This indicator is calculated with the following formula:

%K = 100[(C – L14)/(H14 – L14)]

C = the most recent closing price
L14 = the low of the 14 previous trading sessions
H14 = the highest price traded during the same 14-day period.


   
The theory behind this indicator is that in an upward-trending market prices tend to close near their high, and during a downward-trending market, prices tend to close near their low. Transaction signals occur when the %K crosses through a three-period moving average called the "%D".

Net sales for the three months ended June 30, 2005, totaled $33,659,000, representing an approximate 27% increase from the $26,607,000 reported for the three months .
The Company has adjusted its 2005 revenue projection to a range of approximately $120 million to $122 million, down from $125 million.Lost some of Yamaha contract.
CEO states he knows of no reason for the downward move!
Posted as a heads up after big falls .Appears to have good resistance at 5.50

Core Mouldings , Just bounced off 200 day after large  no reason drop from 12 to 6