IShares US Industrials ETF (IYJ) Declines 0.56% for April 22

Marco Green
April 23, 2018

The main goal in developing of this indicator was reducing the lag between the indicator and price action by making it fast-acting and more sensitive to market changes. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI can help display whether the bulls or the bears are now strongest in the market. The RSI is computed base on the speed and direction of a stock's price movement. The RSI value will always move between 0 and 100. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. Levels above -20 may indicate the stock may be considered is overbought. RSI can also be a valuable tool for trying to spot larger market turns.

Deutsche Post Ag ADR (DPSGY) now has a 14-day Commodity Channel Index (CCI) of 46.43. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average.

Shares of Deutsche Post Ag ADR (DPSGY) have a 200-day moving average of 44.26. Checking in on some other technical levels, the 14-day RSI is now at 44.26, the 7-day stands at 45.51, and the 3-day is sitting at 43.18. Since it is time and price based it is not adept at measuring the actual strength of a trend, merely its direction and duration. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Currently, the 14-day ADX for S&P 500 Ex-Fossil Fuel ETF SPDR (SPYX) is sitting at 26.45. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend.

S&P 500 Ex-Fossil Fuel ETF SPDR (SPYX)'s Williams Percent Range or 14 day Williams %R now sits at -76.25. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. If the indicator travels under -80, this may signal that the stock is oversold. The 14 day Williams %R for Deutsche Post Ag ADR (DPSGY) is noted at -38.11. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

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