Nagle now forecasts that the company will post earnings of $0.03 per share for the quarter, up from their previous forecast of $0.02. Currently, Sasol Ltd (SSL) has a 14-day ATR of 0.59. Many technical analysts believe that an ADX value over 25 would suggest a strong trend. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down.
Taking a deeper look into the technical levels of Sandstorm Gold Ltd (SAND), we can see that the Williams Percent Range or 14 day Williams %R now sits at -33.93. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. Awesome Oscillator buy signals are created when the indicator crosses from below 0 to above 0, and sell signals when reversed. A reading from -80 to -100 would signal an oversold situation. The Average True Range is an investor tool used to measure stock volatility. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend.
Shares of Pyxis Tankers (PXS) are moving on volatility today -14.75% or $-0.32 from the open. 1,337,209 shares of the company were exchanged, compared to its average volume of 2,043,725. The two main types of stock research used by investors are fundamental and technical analysis. Some investors will only study the fundamentals while others will only follow the technicals. Fundamental analysis entails following company data. The ATR is an indicator developed by J. Welles Wilder. Technical analysts often study charts in order to define trends. Sasol Ltd (SSL) now has a 14-day Commodity Channel Index (CCI) of 101.04. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. This research is typically not concerned with how the underlying financials of the company look, but how the stock has been trading. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. When the RSI line moves up, the stock may be experiencing strength. The ATR is not used to figure out price direction, just to measure volatility.
Currently, the 14-day ADX for Sasol Ltd (SSL) is sitting at 33.30. Detwiler Fenton Grp (DMCD)'s Williams Percent Range or 14 day Williams %R is sitting at -66.67. At the time of writing, the 14-day ADX for Detwiler Fenton Grp (DMCD) is noted at 49.81. The RSI oscillates on a scale from 0 to 100. Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own. 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. 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. 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.