The Ugar Sugar Works Limited (UGARSUGAR.NS) Awesome Oscillator Building Momentum

Mindy Sparks
January 13, 2018

Compagnie De Saint Gobain Sa (COD.L)'s Williams %R presently stands at -11.96. Awesome Oscillator shows the difference in between the 5 SMA and 34 SMA. It illustrates what's happening to the market driving force at the present moment.

Lyxor International Asse (MSEX.L) shares have moved above the Chalkin Money Flow zero line, indicating potential buying momentum for the shares. Of course, this will result is many false signals in flat or choppy markets. As with most indicators, the AO is best used alongside additional technical signals.

When performing stock analysis, investors and traders may opt to view technical levels. Currently, the 14-day ADX for Elementis Plc [Uk] ADR Level 1 (ELMTY) is 68.44.

Value investors may be scanning the shelves for bargain stocks. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. The general interpretation of the ATR is the higher the ATR value, the higher the volatility.


Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Dover Corp (DOV)'s Williams Percent Range or 14 day Williams %R is resting at -10.17. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. Many consider the equity oversold if the reading is below -80 and overbought if the indicator is between 0 and -20. 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. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. The ADX was introduced by J. Welles Wilder in the late 1970's and it has stood the test of time. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. Currently, the 200-day MA is sitting at 9.38, and the 50-day is 9.85. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.

Investors and Traders using technical analysis to review stocks may be focusing on the ATR or Average True Range.

Hive Blockchain Technologies Ltd (PRELF) has a 14-day Commodity Channel Index (CCI) of -53.67. 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. An oscillator is an indicator that is used as a counter trend showing when the market is overbought or oversold. The LSE listed company saw a recent bid of $311.50 and 252989 shares have traded hands in the session.

Checking in on some other technical levels, the 14-day RSI is now at 53.08, the 7-day stands at 55.22, and the 3-day is sitting at 39.17. The Relative Strength Index (RSI) is an often employed momentum oscillator that is used to measure the speed and change of stock price movements. RSI is a momentum oscillator that moves in a range from 0 to 100. The opposite is the case when the RSI line is heading lower. 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. The RSI may be more volatile using a shorter period of time. As a general rule, an RSI over 70 may indicate an overbought situation.

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