VanEck Vectors Natural Resources ETF (HAP) Technicals Reach Key Levels

Share

They may also be used to help the trader figure out proper support and resistance levels for the stock. The stock has moved north 0.73% over the past week of trading. Of course, nobody can say for sure how long the markets will continue to climb.

Investors might be looking into the magic eight ball trying to project where the stock market will be heading over the next few months. The 14-day RSI for Alembic Ltd. (ALEMBICLTD.BO) is now at 33.03, the 7-day stands at 18.76, and the 3-day is sitting at 2.63.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. The Aroon Up trend when it reaches above 70 indicates that the uptrend is gaining momentum.

Currently, the 14-day ADX for Amerigas Partners LP (APU) is sitting at 15.17. In general, a rising ADX line means that an existing trend is gaining strength. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. When combined with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), it can help decipher the trend direction as well. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI operates in a range-bound area with values between 0 and 100. The RSI may be useful for spotting abnormal price activity and volatility. Values can range from 0 to -100. Typically, if the value heads above -20, the stock may be considered to be overbought. A reading over 70 would indicate that the stock is overbought, and possibly overvalued.

Market Vectors Gold Miners ETF (NYSE GDX) opened at 23.08 on Friday.

Large investors have recently modified their holdings of the company. Of all stocks tracked, Market Vectors Gold Miners ETF had the 7th highest net in-flow for the day. The Williams %R is a momentum indicator that helps measure oversold and overbought levels.

At the time of writing, VanEck Vectors Treasury-Hedged High Yield Bond ETF (THHY) has a 14-day Commodity Channel Index (CCI) of -191.23. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions.

Currently, the 14-day ADX for VanEck Vectors Agribusiness ETF (MOO) is sitting at 22.53. Stocks have the tendency to make sudden moves on even the slightest bit of news or for apparently no reason at all.

Trying to predict the day to day short-term movements of the stock market can be almost impossible.

Share

Advertisement

Related Posts

Leonardo DiCaprio will play Leonardo Da Vinci in upcoming biopic
It has been confirmed that Leonardo DiCaprio will play his namesake Da Vinci in an upcoming biopic. And my father took that as a sign, and I suppose DiCaprio wasn't that far from da Vinci.

Sanchez Energy Corporation (NYSE:SN) Position Increased by Fisher Asset Management LLC
In related news, Director Greg Colvin purchased 20,000 shares of the firm's stock in a transaction on Friday, May 19th. As of quarter end American Century Companies Inc had disposed of a total of 68,650 shares trimming its stake by 24.0%.

Year Old Boy Picks 6 Wickets In Six Balls
Philadelphia Cricket Club Under-13 player Luke Robinson achieved the feat in a cup game at Langley Park, near Durham City. Stephen, in fact, was officiating from the end the bowler achieved the extraordinary feat to win his team the match.

Gold steady near 2-mth highs as N. Korea tensions continue
Crude futures extended losses on fears of slowing demand and lingering concerns over a global oversupply. After touching a more than two-month high, spot gold last added 0.1 percent to $1,287.18 an ounce.

Grupo Televisa (NYSE:TV) Earns Coverage Optimism Score of 0.14
HSBC Holdings plc upgraded Grupo Televisa from a "reduce" rating to a "hold" rating in a research note on Wednesday, May 24th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.01.

Tamil Nadu to get exemption from NEET for 2017
One of the longest running demands of Tamil Nadu politicians has finally come to an end with this decision of the Centre. Download the News Nation Mobile App and stay connected with top stories from India and around the world.

Antonio Conte places full confidence in Chelsea attacker following £58M move
The two wing-backs are pushed very high and we attack with numbers, so for us at the back in terms of balance you have to have some sort of protection and they gave us that last season ".

William Lyon Homes (WLH) Analysts See $0.49 EPS
Mason Street Advisors LLC purchased a new stake in Lyon William Homes during the first quarter valued at approximately $113,000. The construction company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.05.

Norovirus sinks 91 passengers on first day of South Pacific cruise
At least 91 passengers have been hit with what is believed to be Norovirus on the first day of a 10-day cruise. It is extremely contagious, which is why it is so important for cruise ships to catch the virus quickly.

Boosts Stake in Boston Properties, Inc. (NYSE:BXP)
Norges Bank bought a new position in shares of The Kraft Heinz during the fourth quarter valued at approximately $715,658,000. Ontario Teachers Pension Plan Board raised its position in shares of Simon Property Group by 5.0% in the second quarter.

© 2015 ExpressNewsline. All Rights reserved.