Shares Seesawing -65.80% on Volume: ORIENT PAPER & INDUSTRIES LTD.

Mae Love
January 13, 2018

Following a recent market check, we have noticed that the -Directional Indicator is above the +Directional Indicator on shares of Gunpoint Exploration Ltd (GUN.V).

Taking a look at another technical level, Sturdy Industries Ltd. (STURDY.BO) presently has a 14-day Commodity Channel Index (CCI) of 170.66. The CCI was created to typically stay within the reading of -100 to +100. They may also be used to help the trader figure out proper support and resistance levels for the stock. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. Typically, if the value heads above -20, the stock may be considered to be overbought.

Moving averages have the ability to be used as a powerful indicator for technical stock analysis.

In terms of moving averages for Daxor Corp (DXR), the 200-day is now at 5.86, the 50-day is 4.67, and the 7-day is resting at 4.32. The current 14-day RSI is presently sitting at 34.52, the 7-day is 27.03, and the 3-day is 29.40. Wilder introduced RSI in his book "New Concepts in Technical Trading Systems" which was published in 1978. RSI measures the magnitude and velocity of directional price movements. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. RSI can be used to help spot overbought or oversold conditions. A level of 50 would indicate neutral market momentum. Ekf Diagnostics Holdings Plc (EKF.L) now has a 14 day Williams %R of -45.80. In general, if the reading goes above -20, the stock may be considered to be overbought. MA's may be used to identify uptrends or downtrends, and they can be a prominent indicator for detecting a shift in momentum for a particular stock.

For further review, we can take a look at another popular technical indicator. Chart analysts may also use the indicator to project possible price reversals and to define trends. ADX is used to gauge trend strength but not trend direction. This measurement is based on closing prices over a specific period of time. The opposite would be the case for a falling ADX line. A value of 25-50 would support a strong trend. If the RSI is closer to 100, this may indicate a period of stronger momentum. The Relative Strength Index (RSI) is an often employed momentum oscillator that is used to measure the speed and change of stock price movements. Normal oscillations tend to stay in the range of -100 to +100. The normal reading of a stock will fall in the range of 30 to 70. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

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Shares of MARSONS LIMITED (MARSONS.BO) have a 200-day moving average of 8.88.

Keeping an eye on Moving Averages, the 50-day is 44.55, the 200-day is at 35.64, and the 7-day is 45.44 for Virtusa Corp (VRTU). The ADX is used to measure trend strength. The ADX alone was created to measure trend strength. Many traders will use the ADX in combination with other indicators in order to help formulate trading strategies. At the time of writing, the 14-day ADX for Virtusa Corp (VRTU) is noted at 19.96. The RSI oscillates on a scale from 0 to 100.

Digging deeping into the Lanxess AG (LXS.DE) 's technical indicators, we note that the Williams Percent Range or 14 day Williams %R now sits at -8.07.

The Williams %R is created to provide a general sense of when the equity might have reached an extreme and be primed for a reversal. Risk decisions may be made on past outcomes, and investors who have experienced previous profits and gains may be more likely to take a bigger risk in the future. Taking a glance at the relative strength indictor, we note that the 14-day RSI is now at 57.93, the 7-day stands at 60.12, and the 3-day is sitting at 67.54. A reading over 70 would indicate that the stock is overbought, and possibly overvalued.

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