The Aroon Oscillator was developed by Tushar Chande to highlight the start of a new trend and to measure trend strength. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. "Aroon" is a Sanskrit word meaning "dawn's early light". The Aroon Down is depicted as a green line and as its name suggests helps track price in a downtrend. You just have to wait for the Aroon Up line to move above the level 80. Narrowing in a bit closer, the 5 month price index is 1.01994, the 3 month is 0.99666, and the 1 month is now 1.01410. Aroon Up below 50 warns that the up-trend is weakening while Aroon Down below 50 signals that the down-trend is weakening. The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months. A longer average like the 200-day may serve as a smoothing tool when striving to evaluate longer term trends. Knowing how to use company data can end up being the difference between handsome gains and crippling losses. 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 may use MA's as a way to develop support and resistance levels in order to spot specific trade entries and exits. The current 14-day RSI is presently sitting at 44.25, the 7-day is 48, and the 3-day is 63.13. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend. The 14-day RSI is now at 58.73, the 7-day stands at 65.53, and the 3-day is sitting at 72.99. RSI measures the magnitude and velocity of directional price movements. RSI can be used to detect general trends as well as finding divergences and failure swings. 2022 Corp Bond ETF Bulletshares Guggenheim (BSCM) now has a 14-day Commodity Channel Index (CCI) of -7.88. Active investors may choose to use this technical indicator as a stock evaluation tool. If the current close price (as depicted by the chikou span) is lower than the price of 26 periods ago, that would indicate that there is a potential for more bearish price action to come, since price tends to follow trends. The Williams Percent Range or Williams %R is a technical indicator that was created to measure overbought and oversold market conditions.
At the time of writing, the 14-day ADX for Tbc Bank Group Plc (TBCG.L) is 19.67.
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Fabrinet (FN)'s Williams Percent Range or 14 day Williams %R presently is at -6.46. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions.