Published: Mon, April 09, 2018
Economy | By

Vanguard S&P 500 Growth ETF (VOOG) Declines 2.46% for April 8

Vanguard S&P 500 Growth ETF (VOOG) Declines 2.46% for April 8

This chart is used to project 1 bar forward (one day). Chart analysts may also use the indicator to project possible price reversals and to define trends. When the price is below the Balance Step, this generally spells a bearish trend. There are many different schools of thought when it comes to stock trading. Tracking technicals and fundamentals may also help provide a roadmap to help separate the contenders from the pretenders. After a recent check, the 14-day RSIfor Oracle Corp (ORCL) is now at 35.50, the 7-day stands at 34.09, and the 3-day is sitting at 32.99. The RSI, or Relative Strength Index, is a commonly used technical momentum indicator that compares price movement over time. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. The RSI may be used to help spot points of reversals more accurately. The RSI oscillates on a scale from 0 to 100. As a general observance, the more overbought or oversold the reading displays, the more likely a reversal may take place. Raymond James & Associates now owns 7,932 shares of the company's stock valued at $485,000 after buying an additional 3,332 shares during the period. As always, the values may need to be adjusted based on the specific stock and market.

Ishares Plc (ISF.L)'s Williams Percent Range or 14 day Williams %R now sits at -8.81. Employing the use of the moving average for technical equity analysis is still highly popular among traders and investors. Active investors may choose to use this technical indicator as a stock evaluation tool.

Currently, the 14-day ADX for Ishares Plc (ISF.L) is sitting at 27.42. A value of 25-50 would indicate a strong trend. A level under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

Another technical indicator that may be a powerful resource for determining trend strength is the Average Directional Index or ADX. The Williams Percent Range or Williams %R is a technical indicator that was created to measure overbought and oversold market conditions. The 14 day Williams %R is noted at -72.04. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. The Williams Percent Range or Williams %R is another technical indicator that may be useful for traders and investors. A reading between 0 and -20 would point to an overbought situation. If the indicator travels under -80, this may signal that the stock is oversold.

Shares of S&P Aggressive Allocation Ishares (AOA) have a 200-day moving average of 53.72. Moving averages can help identify trends and price reversals. In some cases, MA's may be used as strong reference points for spotting support and resistance levels.

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