CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. As you can see by the chart below, the Tenkan Line is quite different than a 9SMA. The quick ratio of 0.6 is a measure of how well a company can meet its short-term financial liabilities with quick assets (cash and cash equivalents, short-term marketable securities, and accounts receivable). You can see this when the TL flattens in small portions to move with price and its moments of ranging. The closing price is considered the most important price level of the trading day and is the figure most commonly used in calculating a moving average. However, it can act as the first line of defense in a trend and a breaking of it in the opposite direction of the move can often be a sign of the defenses weakening.
Dividend 15 Split Corp II (DF.TO) presently has a 14-day Commodity Channel Index (CCI) of 89.69. Mostly all the indicators used in technical analysis are based on pricing data. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The CCI technical indicator can be employed to help figure out if a stock is overbought or oversold.
Investors may be trying to define which trends will prevail in the second half of the year.
Volume analysis is used by technical analysts to determine the strength of price movement, as some believe price follows volume. They may be trying to project which companies will post positive surprises. Therefore, theoretically, we will also expect that stock to move in similar degrees into the future, although it's important to remember that historical volatility does not provide insight into either trend or direction. The 14-day ADX for Betapro Nasdaq 100 2X Daily Bear ETF (HQD.TO) is now at 11.38. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. In general, a rising ADX line means that an existing trend is gaining strength.
Interested investors may be watching the Williams Percent Range or Williams %R. The Williams Percent Range or Williams %R is a technical indicator that was created to measure overbought and oversold market conditions.
Finally observing long term time frame, 200-day simple moving average is more helpful at telling general investing trends lasting 200 days.
Moving averages are usually a trend following tool. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. The 14-day RSI is now at 75.07, the 7-day stands at 88.5, and the 3-day is sitting at 98.04. Volatility is measured by calculating the standard deviation of the annualized returns over a given period of time. The RSI oscillates on a scale from 0 to 100. If the RSI is closer to 100, this may indicate a period of stronger momentum. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold.
For further review, we can take a look at another popular technical indicator.
Taking a peek at some Moving Averages, the 200-day is at 33.16, and the 50-day is 32.77. Moving averages are a popular trading tool among investors. The overall picture from all short, medium and long-term indicators sets the UPS stock as "72% Buy " on average basis. It opened the session with a $17.15 price tag, later ranging from $16.96 to $17.165, the range at which the stock has traded at throughout the day.