Digging deeping into the iShares MSCI EMU Mid Cap UCITS ETF (EMUM.L) 's technical indicators, we note that the Williams Percent Range or 14 day Williams %R now sits at -9.76. Presently, the 200-day moving average is at 1.49, and the 50-day is 1.34. The firm has a 50-day moving average of $41.41 and a 200 day moving average of $38.90. In some cases, MA's may be used as strong reference points for spotting support and resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm trends. With many stocks frequently hitting new milestone highs, investors may be scrambling to make sure that they aren't missing out on possible returns. The RSI is computed base on the speed and direction of a stock's price movement. Many investors are bombarded with hot investment tips. Keeping track of key economic data along with market trends and earnings information typically seems to be a boon to any strategy. Amundi ETF MSCI Pacific ExJapan UCITS ETF DR - EUR (CP9U.L) now has a 14 day Williams %R of 0.00. ADX is charted as a line with values ranging from 0 to 100. In general, if the reading goes above -20, the stock may be considered to be overbought. The latest reading places the stock above the Ichimoku cloud which indicates positive momentum and a potential buy signal. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down.
If the RSI is closer to 100, this may indicate a period of stronger momentum. At the time of writing, SPDR S&P US Materials Select Sector UCITS ETF (SXLB.L) has a 14-day Commodity Channel Index (CCI) of 173.19. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Calculated from the last five balance points, the Balance Step indicator can help determine whether a bullish or bearish trend is developing near-term. SPDR S&P US Materials Select Sector UCITS ETF (SXLB.L)'s Williams Percent Range or 14 day Williams %R now sits at 126.09. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. The ADX alone measures trend strength but not direction. However, it can act as the first line of defense in a trend and a breaking of it in the opposite direction of the move can often be a sign of the defenses weakening. CCI generally measures the current price relative to the average price level over a specific time period. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. 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. Currently, the company has a 14-day RSI of 66.28, the 7-day is 71.84, and the 3-day is resting at 73.37.The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder.