Industrial Select Sector SPDR ETF (XLI) Declines 0.24% for April 14

Lloyd Doyle
April 16, 2018

As Mulloy explains in his original article, "the definition of TEMA1 is not a "simple" triple EMA, but rather a composite of a single, double and triple EMAs, which eliminates the lag when there is a trend". The indicator can be used for smoothing price data, as well as for smoothing other indicators. Many traders will use a combination of moving averages with different time frames to help review stock trend direction.

The ETF's YTD performance is 0%, the 1 year is 0% and the 3 year is 0%. The ATR basically measures the volatility of a stock on a day-to-day basis. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. After a recent check, the 14-day RSI is now at 45.51, the 7-day stands at 46.76, and the 3-day is sitting at 43.95. The RSI operates in a range-bound area with values between 0 and 100. Overbought values are 70 to 100 and investors might look to sell rallies in downtrends when the signal line crosses down from above 80 to below 80. In general, if the reading goes above -20, the stock may be considered to be overbought. 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.

Today were published Energy Select Sector SPDR ETF (NYSEARCA:XLE)'s daily net flows. The original guidelines focused on creating buy/sell signals when the reading moved above +100 or below -100. Traders may also use the reading to identify overbought/oversold conditions. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. EM Fixed Income ETF SPDR (EMTL)'s Williams Percent Range or 14 day Williams %R now sits at -36.11. A value of 25-50 would indicate a strong trend. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of the trend. The PSAR, Developed by Welles Wilder, is created to determine the point in time when there emerges a better than average probability of a trend switching directions. Shares of EM Fixed Income ETF SPDR (EMTL) have a 7-day moving average of 49.33. Active investors may choose to use this technical indicator as a stock evaluation tool. A reading over 70 would indicate that the stock is overbought, and possibly overvalued.

Moving averages can help spot trends and price reversals.

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