ibusinesslines.com
ibusinesslines.com August 22, 2017


Roof Eidam & Maycock ADV Boosts Position in Vanguard MSCI EAFE ETF (VEA)

13 August 2017, 06:01 | Kelvin Horton

Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI was created to typically stay within the reading of -100 to +100. This is a potential signal that strength is building for the upward trend.

Tracking moving averages is one of the most universally used techniques for performing technical stock analysis.

Vanguard MSCI Europe ETF has a 50 day moving average of 55.80 and a 200 day moving average of 53.04. The 14-day RSI is presently standing at 57.26, the 7-day is 56.26, and the 3-day is resting at 35.54. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. Wilder introduced RSI in his book "New Concepts in Technical Trading Systems" which was published in 1978. A value between 0 to -20 would represent a strong overbought condition. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. The Williams Percent Range or Williams %R is a technical indicator that was developed to measure overbought and oversold market conditions.


The Awesome Oscillator for BMO Equal Weight US Banks Index ETF (ZBK.TO) is showing a five day consistent uptrend, signaling building market momentum for the shares. Sumitomo Electric Industries Ltd (SMTOY)'s Williams Percent Range or 14 day Williams %R now sits at -96.84. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Alternately, if the indicator goes below -80, this may point to the stock being oversold.

We can also take a look at the Average Directional Index or ADX of Vanguard FTSE 250 UCITS ETF GBP (VMID.L). For traders looking to capitalize on trends, the ADX may be an essential technical tool. Values can range from 0 to -100. 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 14-day ADX presently sits at 21.53. In general, an ADX value from 0-25 would indicate an absent or weak trend.

Akin to all moving averages, the angle of the Tenkan line is very important as the sharper the angle, the stronger the trend while the flatter the Tenkan, the flatter or lesser the momentum of the move is. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. If the political landscape gets even more dysfunctional, then it may be enough of a driver to spur a correction. The tricky part is prognosticating the short term picture. Will investors just become numb to the headlines and decide to focus on the positive economic picture?



Other News

Trending Now

Antonio Conte Reveals Why Alvaro Morata Is Yet To Start For Chelsea
Liam is ESPN FC's Chelsea correspondent. "It was maybe a little bit of my heart and a little bit of my head to pick Chelsea ". Conte referenced the last time Chelsea defended the league title. "But you know very well that there are surprises".

Total Solar Eclipse: Experience and Learning Resources
Because of the sudden darkness and drop in temperature, it's very possible to witness sudden changes in animals' behavior. This is why doctors recommend wearing special eclipse glasses, which are created to filter out those harmful rays.

Kashmir: Security forces engage in gunfight with terrorists trapped in Awneera village
Earlier, on Saturday, militants opened fire on an Indian Army camp in Kupwara district of Jammu and Kashmir that injured a jawan. The witnesses said on seeing the security personnel, the residents, mainly youth, came out to hurl rocks at them.

Arsenal beat Leicester City 4-3 in Premier League opener
Giroud was quick to hail it and told Sky Sports after the match: " Obviously I knew that I was going to have a chance so we tried to push ".

Kicks off the 26th season of the English Premier League
He's not a young guy who comes from another country. "It's not urgent, not desperate to have it done or not done", said Mourinho. In goal, David de Gea remains a steadfast presence and the Spaniard is one of the best keepers in the Premier League .

Pentagon Ready to 'Fight Tonight' as Tensions Between US, North Korea Escalate
Things are quickly heating up between the USA and North Korea, and there are no signs it will slow down after the Pentagon said Friday the military stands ready to "fight tonight", if necessary.

Encana Corp (TSE:ECA) Price Target Raised to C$19.00
Howard Hughes Medical Institute divested its investment by selling 10,815 shares a decrease of 7.5% from 03/31/2017 to 06/30/2017. Geode Capital Management LLC's holdings in Encana Corporation were worth $5,358,000 as of its most recent filing with the SEC.