Astronics Corp (ATRO) Shares Needle Moving -0.52%

Claudine Rigal
Juin 16, 2017

After a recent look, the 14-day ATR for Reckitt Benckiser Group PLC (RB.L) is resting at 129.40.

Investors might be looking to track the ATR or Average True Range of the stock. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. The general interpretation of the ATR is the higher the ATR value, the higher the volatility. Buhler Industries Inc (BUI.TO)'s Williams Percent Range or 14 day Williams %R now sits at -100.00.

CoreCivic Inc (CXW)'s current 14-day Willams %R value has been spotted at -74.85. The Williams Percent Range or Williams %R is a technical indicator that was created to measure overbought and oversold market conditions. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. In general, if the reading goes above -20, the stock may be considered to be overbought. A reading from -80 to -100 would indicate an oversold situation.

The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. 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. First developed by J. Welles Wilder, the ATR may help traders in determining if there is heightened interest in a trend, or if extreme levels may be indicating a reversal.

Currently, the 14-day ADX for Solo Oil PLC (SOLO.L) is sitting at 9.41. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend.

Traders may be leaning on technical stock analysis to help with investing decisions.

Checking on some popular technical levels, Btb REIT Units (BTB.UN.TO) has a 14-day Commodity Channel Index (CCI) of 20.77. The CCI was created to typically stay within the reading of -100 to +100. The indicator is computed by using the average losses and gains of a stock over a certain time period. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally.

Traders are paying renewed attention to shares of Stonegate Agricom Ltd (ST.TO). The 14-day RSI is now at 44.69, the 7-day stands at 49.56, and the 3-day is sitting at 71.62. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. The RSI value will always move between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite would be the case for a falling ADX line. The RSI may be useful for spotting abnormal price activity and volatility. Many traders keep an eye on the 30 and 70 marks on the RSI scale. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. They may also be used to help the trader figure out proper support and resistance levels for the stock. Focusing on the most important data sets may be helpful when trying to muffle all the noise. Cautious optimism may prove to be a profit saver when the bearish winds start to blow. Some investors may already be adept at figuring this out while others may need to put in a bit more work. Conducting thorough fundamental research on stocks even after they have broken out may help the investor understand the reason behind the move, and whether it is likely to continue or if it is just a temporary spike.

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