23 August, 2017
The MACD-Histogram is an indicator of an indicator. It offers a deeper insight into the balance of power between so called bulls and bears than the original MACD. Impulse buying or selling on good or bad news is common in the stock market.
The difference is represented by vertical lines in a series. In fact, MACD is also an indicator of an indicator. Others will seek and employ the expertise of industry professionals. Chartists should keep this in mind when analyzing the MACD-Histogram. Taking a glance at the relative strength indictor, we note that the 14-day RSI is now at 54.82, the 7-day stands at 63.18, and the 3-day is sitting at 91.40. The Relative Strength Index (RSI) is an often employed momentum oscillator that is used to measure the speed and change of stock price movements. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". The RSI may be more volatile using a shorter period of time. The normal reading of a stock will fall in the range of 30 to 70. Harel Insurance Investments & Financial Services Ltd. now owns 19,349 shares of the exchange traded fund's stock worth $4,668,000 after buying an additional 11,809 shares in the last quarter.
More notable recent SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) news were published by: Nasdaq.com which released: "Time to Buy Mid-Cap ETFs?" on August 21, 2017, also Benzinga.com with their article: "Different Ways To Consider Mid-Cap Stocks" published on August 17, 2017, Etfdailynews.com published: "A Closer Look At Lesser-Known Options In The Mid Cap Equities Space (MDYG)" on August 16, 2017.
In terms of CCI levels, SPDR S&P North American Natural Resources ETF (NANR) now has a 14-day Commodity Channel Index (CCI) of -24.13.
The Average Directional Index or ADX is technical analysis indicator used to discern if a market is trending or not trending. Many investors will use the CCI in conjunction with other indicators when evaluating a trade.
Currently, the 14-day ADX for TICC Capital Corp (TICC) is sitting at 14.17. Technical analysts want to figure out trends based on indicators, charts, and prior price data. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. 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 ADX alone measures trend strength but not direction. Active investors may choose to use this technical indicator as a stock evaluation tool. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period.
Deep diving into the technical levels for TICC Capital Corp (TICC), we note that the equity now has a 14-day Commodity Channel Index (CCI) of -9.61. Domino's Pizza Inc (DPZ)'s Williams %R presently stands at -78.91. The Williams %R oscillates in a range from 0 to -100. Levels above -20 may indicate the stock may be considered is overbought. Alternately, if the indicator goes below -80, this may point to the stock being oversold.
Over the course of the day 68,517 shares traded hands, as compared to an average volume of 1.27 million over the last 30 days for SPDR S&P MidCap 400 ETF (NYSEARCA:MDY). The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. Moving averages are considered to be lagging indicators meaning that they confirm trends. On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward.
