The TADAWUL listed company saw a recent bid of 8.58 and 38310 shares have traded hands in the session. They may also take a deeper look into which sectors have been the best performers over the same time frame. Everyone seems to have an opinion on which way the market will move in the near-term. Predicting the next market shift is usually near impossible. Having the right stocks in the portfolio can help ease the investor's mind no matter what the next few months brings in terms of volatility.
Digging deeping into the Cairn Homes Plc (CRN.L) 's technical indicators, we note that the Williams Percent Range or 14 day Williams %R now sits at -33.33.
MITRAJAYA HOLDINGS BERHAD (9571.KL)'s Williams Percent Range or 14 day Williams %R is sitting at -93.33. 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.
Investors are paying close attention to shares of Cairn Homes Plc (CRN.L).
Taking a peek at some Moving Averages, the 200-day is at 85.30, and the 50-day is 91.78. The moving average can be used as a reference point to assist with the discovery of buying and selling opportunities. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSIfor HCC (3001.SA) is now at 23.18, the 7-day stands at 24.60, and the 3-day is sitting at 28.64.
Active traders have a wide range of technical indicators at their disposal for when completing technical stock analysis. Wilder has developed multiple indicators that are still quite popular in today's investing landscape. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would indicate an extremely strong trend. 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. RSI measures the magnitude and velocity of directional price movements. The RSI may be useful for spotting abnormal price activity and volatility. The data is represented graphically by fluctuating between a value of 0 and 100. Typically, if the value heads above -20, the stock may be considered to be overbought. 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. A reading from -80 to -100 would indicate an oversold situation. Taking a glance at the relative strength indictor, we note that the 14-day RSI is now at 23.18, the 7-day stands at 24.60, and the 3-day is sitting at 28.64.
The Average Directional Index or ADX is technical analysis indicator used to discern if a market is trending or not trending. The ADX was introduced by J. Welles Wilder in the late 1970's and it has stood the test of time. The ADX alone measures trend strength but not direction. At the time of writing, the 14-day ADX for Cairn Homes Plc (CRN.L) is noted at 18.09. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A level of 25-50 would indicate a strong trend.
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