iShares MSCI Taiwan Index (NYSEARCA:EWT) opened at 35.96 on Friday.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. The Williams Percent Range or Williams %R is another technical indicator that may be useful for traders and investors. The Index consists of stocks traded primarily on the Mexican Stock Exchange. The Williams %R is created to provide a general sense of when the equity might have reached an extreme and be primed for a reversal. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum.
The index adjustments will become effective after the local equity market closes on August 31, MSCI said. The ADX is used to measure trend strength. Many investors will use the CCI in conjunction with other indicators when evaluating a trade.
The move was the first upgrade of Taiwan’s weighting in the two indexes since the third quarter of 2013, when MSCI raised the country’s weighting in the MSCI Emerging Markets Index by 0.01 percentage points and 0.02 percentage points in the MSCI All-Country Asia ex-Japan Index. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. VCU Investment Management Co now owns 397,925 shares of the exchange traded fund’s stock worth $10,648,000 after buying an additional 63,419 shares in the last quarter.
Betashares British Pound Etf (POU.AX) now has a 14-day Commodity Channel Index (CCI) of 75.04. The CCI was developed to typically stay within the -100 to +100 levels. The daily trader may be looking to capitalize on swings or momentum, but the long-term investor may be searching for stability and consistency over a sustained period of time. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 164,331 shares of the exchange traded fund’s stock worth $4,402,000 after buying an additional 64,129 shares in the last quarter. The current 14-day RSI is presently sitting at 41.76, the 7-day is 25.93, and the 3-day is 5.46. The RSI oscillates on a scale from 0 to 100. When the RSI line moves up, the stock may be experiencing strength. During trading sessions, stock movements can seem like a popularity contest from time to time. The RSI may be used to help spot points of reversals more accurately. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. Alternately, if the indicator goes under -80, this may show the stock as being oversold. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Finding these stocks may help bolster the portfolio going into the second half of the year.