AppSwarm Inc (SWRM)’s MACD Histogram reading is now below the zero line, indicating a neutral or negative chart trend for the shares. The interesting fact is that like MACD, MACD-Histogram also fluctuates above and below the zero line. In fact, MACD is also an indicator of an indicator. But like all derivatives of price, it’s much smoother than price itself. Bullish or bearish divergences in the MACD-Histogram can alert chartists to an imminent signal line crossover in MACD. It is an indicator of an indicator. The present 14-day ATR for iShares Edge MSCI USA Momentum Factor UCITS ETF (IUMO.L) is now sitting at 0.02.
When undertaking stock analysis, investors and traders may choose to view some additional technical levels. Biopharmx Corp (BPMX) now has a 14-day Commodity Channel Index (CCI) of 119.80. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. Despite the name, CCI can be used on other investment tools such as stocks.
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. At the time of writing, the 14-day ADX for THE US 500 TRUST UNITS (USF.NZ) is 16.78. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. Alternatively, when the MAMA crosses below the FAMA a sell signal is given.The MESA Adaptive Moving Average is a technical trend-following indicator which adapts to price movement “based on the rate change of phase as measured by the Hilbert Transform Discriminator”. The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength.
The Average Directional Index or ADX is technical analysis indicator used to discern if a market is trending or not trending.
AppSwarm Inc (SWRM)’s Williams Percent Range or 14 day Williams %R now sits at -82.05. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. Supply Network Ltd (SNL.AX)’s Williams Percent Range or 14 day Williams %R now sits at -2.70. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally.
Tracking other technical indicators, the 14-day RSI is presently standing at 42.32, the 7-day sits at 40.93, and the 3-day is resting at 37.65 for Rex International Holding Ltd (5WH.SI). 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. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. The average true range is typically based on 14 periods and may be calculated daily, weekly, monthly, or intraday. Normal oscillations tend to stay in the range of -100 to +100. This range falls on a scale between 0 and 100. Different time periods may be used when using the RSI indicator. On the flip side, an RSI near 0 may signal weaker momentum. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book “New Concepts in Technical Trading Systems”.
For further review, we can take a look at another popular technical indicator.
Keeping an eye on Moving Averages, the 50-day is 0.12, the 200-day is at 0.08, and the 7-day is 0.16 for Lynas Corp Ltd (LYSDY).
WisdomTree Emerging Markets Local Debt Fund (ELD) are being closely watched by investors as the firm’s Mesa Adaptive Moving Average (MAMA) has moved above the Fractional Adaptive Moving Average (FAMA), indicating that a potential upward move might be forthcoming. Keep in mind when using this oscillator, that it takes four mathematical steps from price itself to create the 4th derivative, the histogram: Price = two ema averages = MACD line = Signal line = Histogram.