Taking a closer look from a technical standpoint, Germany Smallcap MSCI Ishares (EWGS) presently has a 14-day Commodity Channel Index (CCI) of -44.32. The CCI was created to typically stay within the reading of -100 to +100. The Price Range 52 Weeks is one of the tools that investors use to determine the lowest and highest price at which a stock has traded in the previous 52 weeks. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend.
The Price Index is a ratio that indicates the return of a share price over a past period. They may also be used to help find support or resistance levels.
Over the course of the day 5.14 million shares traded hands, as compared to an average volume of 805,650 over the last 30 days for iShares Currency Hedged MSCI Eurozone (NYSEARCA:HEZU). Presently, the stock has a 14-day RSI of 43.26 and the 7-day is sitting at 31.59. When the RSI line moves up, the stock may be experiencing strength. Other technical analysts have built upon the work of Wilder. The ATR is not used to figure out price direction, just to measure volatility. The RSI may be more volatile using a shorter period of time. When Aroon Up or Aroon Down values drop below 50, this indicates loss of upward and downside momentum respectively. After a recent check, Analog Devices's 14-day RSI is now at 49.67, the 7-day stands at 42.60, and the 3-day is sitting at 37.57. In general, if the reading goes above -20, the stock may be considered to be overbought. With the PPOH below zero, traders may be alerted that the stock is in sell territory.
Let's take a further look at the Average Directional Index or ADX. For traders looking to capitalize on trends, the ADX may be an essential technical tool. The ADX is typically used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) which point to the direction of the trend. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. The Schaff Trend Cycle indicator fluctuates between 0 and 100. The indicator uses similar methods to a MACD i.e uses exponetial moving averages but applies a cycle factor to them.
Hammerson Plc (HMSO.L)'s Williams Percent Range or 14 day Williams %R is now at -98.73. The general interpretation of the ATR is the higher the ATR value, the higher the volatility. A score of nine indicates a high value stock, while a score of one indicates a low value stock. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.
MSCI EAFE Ishares Currency Hedged (HEFA)'s 14-day RSI is presently resting at 43.26. The Relative Strength Index (RSI) is a highly popular momentum indicator used for technical analysis. Being a bound oscillator, levels will range from 0 to -100. Many traders keep an eye on the 30 and 70 marks on the RSI scale. Different time periods may be used when using the RSI indicator. The current 14-day ATR for France Index MSCI Ishares (EWQ) is now sitting at 0.27.
When performing stock analysis, investors and traders may opt to view technical levels. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal. On the flip side, an RSI near 0 may signal weaker momentum.
Shares of MSCI EAFE Ishares Currency Hedged (HEFA) have a 200-day moving average of 28.88. The CCI was developed by Donald Lambert.
The Aroon Oscillator was developed by Tushar Chande to highlight the start of a new trend and to measure trend strength. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. Investors will be watching to see if the price level breaches the overbought signal at 75, which would suggest the strong likelihood of a near-term pullback.
Taking a deeper look into the technical levels of All Country World Min Vol MSCI Ishares (ACWV), we can see that the Williams Percent Range or 14 day Williams %R now sits at -38.56. The Williams %R is created to provide a general sense of when the equity might have reached an extreme and be primed for a reversal. A reading between 0 and -20 would indicate an overbought situation.