The Awesome Oscillator for CYPARK RESOURCES BERHAD (5184.KL) is showing a five day consistent uptrend, signaling building market momentum for the shares. This chart is used to project 1 bar forward (one day). The ADX alone was created to measure trend strength.
The Schaff Trend Cycle (STC) indicator combines the common indicators of MACD & Stochastic. When the price is below the Balance Step, this generally spells a bearish trend. The volatility of today’s markets can test the nerves of any investor. There are many different schools of thought when it comes to stock trading. Understanding volatility and market fluctuations can help the investor gauge their risk tolerance in the markets. Many investors may be crafting plans for when the good times inevitably come to an end. Although growth stocks can be a bit riskier, they can also provide a higher level of reward down the line. As we head into the second half of the year, it remains to be seen which way the market will lean. Many investors will use a combination of both styles when undertaking detailed stock research.
Taking a look at some additional indicators, we can take a look at the share strength.
Taking a deeper look into the technical levels of EMAS KIARA INDUSTRIES BERHAD (7189.KL), we can see that the Williams Percent Range or 14 day Williams %R now sits at -11.11. The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Being prepared for market changes may help weather the storm when it comes. RSI measures the magnitude and velocity of directional price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. At the time of writing, the 14-day Commodity Channel Index (CCI) is 159.08. Dedicated investors may choose to use this technical indicator as a stock evaluation tool.
Similar to RSI, the RMI indicator moves in the range of 0 to 100; and the same as with RSI, the relative Momentum Index’s values above 70 and below 30 are considered as an indication of overbought and oversold conditions.
The 14-day ADX for Geospace Technologies Corp (GEOS) is now 17.45. A value of 25-50 would indicate a strong trend. A CCI reading above +100 would imply that the stock is overbought and possibly set for a correction. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI). A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend. Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. 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. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. 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. BERJAYA CORPORATION BERHAD (3395.KL)’s Williams %R presently stands at -33.33. The Williams %R oscillates in a range from 0 to -100. On the flip side, if the indicator goes under -80, this may signal that the stock is oversold.
Republic Bancorp Inc (RBCAA) now has a 50-day moving average of 35.23, the 200-day is at 35.70, and the 7-day is 36.22. Moving averages can be very helpful for spotting peaks and troughs. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend. Moving averages are considered to be lagging indicators meaning that they confirm trends.