Avoid Maytag - Its Price is In a Long-term Downside Pattern

On April 22, 2005 Maytag (MYG) announced disappointing earnings and the stock continued its long-term downside. Since its peak at $63.15 in July 1999 MYG has dropped to around $10. Avoid this stock even because it could decline more.

The right front of the CTM percent returns chart from April 1995 to April 2005 show the losing buy and sell combinations in red.

The CTM winners and losers map shows the profitable trades in green and the losing trades in red.