Deep diving into the technical levels for Rose Pete (VNHLF), we note that the equity now has a 14-day Commodity Channel Index (CCI) of 189.81. The CCI was created to typically stay within the reading of -100 to +100. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. A Williams %R that lands between -80 to -100 is typically seen as being in strong oversold territory.
Active traders have a wide range of technical indicators at their disposal for when completing technical stock analysis. Currently, International Game Technology PLC (IGT) has a 200-day MA of 23.54, and a 50-day of 18.81.
Checking in on some other technical levels, the 14-day RSI is now at 35.34, the 7-day stands at 35.90, and the 3-day is sitting at 20.98. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. The ATR is not used to figure out price direction, just to measure volatility. RSI is a momentum oscillator that moves in a range from 0 to 100. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. RSI can be used to help spot overbought or oversold conditions. Many traders keep an eye on the 30 and 70 marks on the RSI scale. Recent market action may have investors questioning if a major pullback is on the horizon, or if momentum will turn back to the upside. JK Lakshmi Cement Ltd. (JKLAKSHMI.NS)’s Williams Percent Range or 14 day Williams %R now sits at -97.40.
Traders may be focusing on other technical indicators for stock assessment.
Let’s view some technical levels on shares of Allianzgi Diversified Income & Convertible Fund (ACV). The Average True Range is an investor tool used to measure stock volatility.
Aroon Up for a given time period is calculated by determining how much time (on a percentage basis) elapsed between the start of the time period and the point at which the highest closing price during that time period occurred. When combined with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), it can help decipher the trend direction as well.
Currently, the 14-day ADX for Diana Tea Co. ADX is charted as a line with values ranging from 0 to 100. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The Relative Strength Index (RSI) is a highly popular technical indicator. RSI can be used to detect general trends as well as finding divergences and failure swings.
Investors and traders using technical analysis to examine stocks may be interested in taking a look at the ATR or Average True Range. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. The Williams %R can be an effective momentum indicator to help measure overbought/oversold levels. Ltd. (DIANATEA.BO) as shares are moving today on volatility -4.74% or -0.85 from the open. The 50-day is 18.81, and the 7-day is sitting at 20.26.
Another technical indicator that might serve as a powerful resource for measuring trend strength is the Average Directional Index or ADX.
Aroon Up level above 70 indicates a strong up-trend while Aroon Down above 70 indicates a strong down-trend.
Investors may use multiple technical indicators to help spot trends and buy/sell signals.
Currently, the 14-day ADX for Rose Pete (VNHLF) is sitting at 45.80. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A level of 50 would indicate neutral market momentum. As a momentum indicator, the Williams R% has the ability to be used with other technicals to help define a specific trend.
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. Since RMI readings above 50 are considered as bullish and RMI readings below 50 are considered as bearish, some traders may choose to generate signals on the crossovers of the RMI and 50 center line: sell when RMI decline below 50 and buy when RMI advances above 50. Bill Williams developed this indicator on the basis of earlier existed MACD and made a number of changes.