Iomega Corporation

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Sunday, June 04, 2006

Technical Insight

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EVENT DATE: 2nd June 2006
Opportunity Type: Intermediate-Term Bullish
Close Price: 637.7000

Technical Insight Suggests that there is an Intermediate - Term Bullish
Due to Price has crossed above the 50-day Moving Average



What is a MOVING AVERAGE?

A moving average is an indicator that shows the average value of a security's price over a period of time. This type of event occurs when the price crosses a moving average. Three moving averages are supported: 21, 50 and 200 price bars. A price cross of a longer moving average indicates a longer term signal. A bullish signal is generated when the price rises above its moving average and a bearish signal is generated when the price falls below its moving average.

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