Austria Index MSCI Ishares (EWO): UO Reading Over 60 for This Stock

Lloyd Doyle
January 21, 2018

Currently, the 14-day ADX for Claymore/Guggenheim Strategic Fund (GOF) is sitting at 22.80. In general, and ADX value from 0-25 would represent an absent or weak trend. Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. They may look to the 50-day or 20-day to get a better grasp of what is going on with the stock in the near-term. This metric reflects the average amount a stock's price has differed from the mean over a period of time. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold). After a recent check, the 14-day RSI is now at 64.24, the 7-day stands at 65.34, and the 3-day is sitting at 63.89.

Checking in on some other technical levels, the 14-day RSI is now at 50.92, the 7-day stands at 46.83, and the 3-day is sitting at 43.93.

FXI average true range may be heating up this temperature with value of 0.53. Typically, if the value heads above -20, the stock may be considered to be overbought. Alternately, if the indicator goes below -80, this may point to the stock being oversold. The Williams %R indicator helps show the relative situation of the current price close to the period being observed.

The ETF increased 1.31% or $0.23 during the last trading session, reaching $17.83.

There is no shortage of financial news and opinions as we live in the age of the 24 hour news cycle. A higher ratio means that the market is willing to pay for each dollar of annual sales. Even though there may be some significant news mixed in, a lot of the headlines may not be worth paying much attention to. Figuring out the proper approach may take some added time and dedication. Once the filter is in place, investors may find it much easier to focus on the important data.

Claymore/Guggenheim Strategic Fund (GOF) now has a 14-day Commodity Channel Index (CCI) of -133.38. On the flip side, an RSI near 0 may signal weaker momentum. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. Simply put, the ATR determines the volatility of a security over a given period of time, or the tendency of the security to move one direction or another. As a momentum oscillator, the RSI operates in a set range. The normal reading of a stock will fall in the range of 30 to 70. Active traders may be carefully tracking the action to see if the indicator position is pointing to shares entering the sell category. After a recent check, the 14-day RSIfor Impinj Inc (PI) is now at 45.66, the 7-day stands at 47.34, and the 3-day is sitting at 44.26.

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