Currently, the 14-day ADX for Ishares Mar 2020 Term Corp ETF (IBDC) is sitting at 14.79. The stock has a 50 day moving average of $21.68 and a 200 day moving average of $23.05. The ATR is not used to measure price direction, just to measure volatility. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. 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.
Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R.
Currently, the 14-day ADX for Blackrock Florida Muni 2020 Trust (BFO) is sitting at 54.68. The Williams %R oscillates in a range from 0 to -100. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. A reading between 0 and -20 would indicate an overbought situation.
Weight Watchers International, Inc
The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.14. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
The Average Directional Index or ADX is technical analysis indicator used to discern 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. 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. Moving averages can be used to help smooth information in order to provide a clearer picture of what is going on with the stock. After a recent check, the 14-day RSIfor Global Gold Miners MSCI Ishares (RING) is now at 60.65, the 7-day stands at 59.24, and the 3-day is sitting at 54.67. A value of 25-50 would support a strong trend.
Traders also may be narrowing in on the ATR or Average True Range indicator when reviewing technicals. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. Traders may also use the reading to identify overbought/oversold conditions. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. 15,900 shares of the company's stock traded hands, compared to its average volume of 16,886.
Taking a look at other technical levels, the 3-day RSI stands at 45.99, the 7-day sits at 53.20 and the 14-day (most common) is at 51.43.
One in four DC home sales were above asking price in 2017
Five years ago, 17.8 percent of final sale prices were higher than the asking price, according to a new Zillow analysisi. The typical US home sold in 80 days, while the typical buyer spent more than four months shopping for their next home.
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. When the RSI line moves up, the stock may be experiencing strength. This measurement is based on closing prices over a specific period of time. The RSI may be useful for spotting abnormal price activity and volatility. The normal reading of a stock will fall in the range of 30 to 70.
With most major indexes showing strength, it is safe to assume that many investors may have their heads in the clouds.
Ryman Hospitality Properties (RHP) Upgraded to Buy by Bank of America
Neuberger Berman Group LLC increased its stake in shares of Ryman Hospitality Properties by 14.0% during the second quarter. Guggenheim Ltd Liability Co reported 20,337 shares or 0% of all its holdings. 2,973 are held by Meiji Yasuda Asset.