27 September, 2017
The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. However, it is important to not use the Tenkan line as a gauge of the trend but more so the momentum of the move.
Value investors may be scanning the shelves for bargain stocks. The OTC listed company saw a recent bid of 0.0029 and 60000 shares have traded hands in the session. This method of adaptation features a fast and a slow moving average so that the composite moving average swiftly responds to price changes and holds the average value until the next bar's close. Many investors will set their sights on dips and corrections. As markets tend to move in cycles, it may be necessary to align the portfolio to the category that is best positioned to make consistent gains in the future. The Average True Range is an investor tool used to measure stock volatility. Currently, the 14-day ATR for Ingen Technologies (IGNT) is spotted at 0.00. They may also be used to help find support or resistance levels. RSI measures the magnitude and velocity of directional price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Wilder has developed multiple indicators that are still quite popular in today's investing landscape.
Turning to some other technicals, Camber Energy Inc (CEI)'s Williams Percent Range or 14 day Williams %R presently is at -89.86. Data I/O Corp (DAIO)'s Williams Percent Range or 14 day Williams %R is sitting at -5.21. A reading between 0 and -20 would point to an overbought situation. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. Alternately, if the indicator goes below -80, this may point to the stock being oversold. Chart analysts may also use the indicator to project possible price reversals and to define trends.
Turning to some additional indicators on the charts, W.I.S.E. - CSI 300 China Tracker (2827.HK) now has a 50-day Moving Average of 33.44, the 200-day Moving Average is 31.14, and the 7-day is noted at 35.84. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements.
Investors have the option to employ technical indicators when conducting stock research. At the time of writing, the 14-day ADX for iShares FTSE MIB UCITS ETF EUR (IMIB.L) is noted at 17.76. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend. CCI is an indicator used in technical analysis that was designed by Donald Lambert. Silvercrest Asset Management Group Inc (SAMG) now has a 14-day Commodity Channel Index (CCI) of -1.88. Despite the name, CCI can be used on other investment tools such as stocks. The CCI was created to typically stay within the reading of -100 to +100. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory.
Investors are paying close attention to shares of ASX Ltd (ASX.AX).
Taking a look at other technical levels, the 3-day RSI stands at 52.68, the 7-day sits at 48.17 and the 14-day (most common) is at 51.24. The RSI oscillates on a scale from 0 to 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is heading lower. MA's may be used to identify uptrends or downtrends, and they can be a prominent indicator for detecting a shift in momentum for a particular stock. The RSI may be more volatile using a shorter period of time. The Mesa Moving Average was first mentioned by John Ehlers in a paper published in a 2001 edition of Technical Analysis of Stocks and Commodities Magazine. Using a bigger time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price fluctuations.