20 May, 2017
A reading between 0 and -20 would indicate an overbought situation. The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength.
More notable recent SPDR S&P International Small Cap (ETF) (NYSEARCA:GWX) news were published by: Marketwatch.com which released: "Opinion: How small-cap international stocks help your portfolio in big ways" on February 08, 2016, also Investmentnews.com with their article: "State Street Global Advisers to shutter 12 unloved ETFs" published on August 08, 2016, Gurufocus.com published: "Washington Trust Bank Buys Altria Group, SPDR Select Sector Fund - Consumer ..." on April 18, 2017. The Williams %R was developed by Larry Williams. A reading from -80 to -100 would signal an oversold situation. Many technical analysts believe that an ADX value over 25 would suggest a strong trend. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.
Investors may use various technical indicators to help spot trends and buy/sell signals. The CCI was developed by Donald Lambert. The 14-day RSI is presently at 57.29, the 7-day is 52.75, and the 3-day is spotted at 55.5. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. If the RSI is closer to 100, this may indicate a period of stronger momentum. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Moving averages can help identify trends and price reversals. Moving averages are considered to be lagging indicators meaning that they confirm trends.
Keeping an eye on Moving Averages, the 50-day is 39.76, the 200-day is at 37.81, and the 7-day is 41.11.