Harel Insurance Investments & Financial Services Ltd. lowered its stake in shares of iShares MSCI Brazil Index (NYSEARCA:EWZ) by 81.8% in the fourth quarter, according to its most recent 13F filing with the SEC. 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. Normal oscillations tend to stay in the range of -100 to +100. Typically, the CCI oscillates above and below a zero line. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. A value between 0 to -20 would represent a strong overbought condition. Currently, the 200-day MA is sitting at 34.09.
Ichimoku Kinko Hyo is a technical trend trading charting system that has been used by Japanese commodity and stock market traders for decades and is gaining increasing popularity amongst western stock market traders, being commonly referred to as Ichimoku Cloud charts. Rubicon Technology (RBCN)'s Williams Percent Range or 14 day Williams %R now sits at -100.00. Ichimoku Kinko Hyo, which translates to "equilibrium at a glance chart", was developed to allow a trader to quickly and easily appraise the trend, momentum, and support and resistance levels of an asset, from a single chart.
Moving averages can help spot trends and price reversals. Moving average indicators are used widely for stock analysis. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. It is a visual technical analysis system and the charts are created to be considered in their entirety to gain a perspective on the overall direction of the share or index and distinguish higher probability opportunities from lower probability ones. On the flip side, if the indicator goes under -80, this may signal that the stock is oversold. The ADX is used to measure trend strength. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. Levels above -20 may indicate the stock may be considered is overbought. 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. At the time of writing, the 14-day ADX for Poland Index MSCI Ishares (EPOL) is standing at 30.82. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend.