General theory behind this indicator states that if price action is above the cloud, the overall trend is bullish, and if below the cloud, the overall trend is bearish. The cloud produces better levels of support and resistance and is a breakout trader's best friend.
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. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. Moving averages can be very useful for identifying peaks and troughs. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend. Checking on another technical indicator, the 14-day RSI is now sitting at 38.78, the 7-day rests at 39.92, and the 3-day is presently at 47.65 for Austrim (ARL.AX). Interactive Financial Advisors bought a new position in Ishares China Large-Cap Etf in the fourth quarter worth approximately $8,655,000. In general, and ADX value from 0-25 would represent an absent or weak trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. Checking in on some other technical levels, the 14-day RSI is now at 50.57, the 7-day stands at 54.24, and the 3-day is sitting at 68.98. The RSI is computed base on the speed and direction of a stock's price movement. The STC combines an exponential moving average with slow stochastics to display a signal line that oscillates between two levels on a scale of 0 to 100. Typically, if the value heads above -20, the stock may be considered to be overbought.
Telit Communications Plc (TCM.L) presently has a 14-day Commodity Channel Index (CCI) of 48.65. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. The Williams %R indicator helps show the relative situation of the current price close to the period being observed.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Technical stock analysts may use a combination of different time periods in order to figure out the history of the equity and where it may be headed in the future.