Trading Focus: China Online Education Group (COE) Technical Levels in Review

Trading Focus: China Online Education Group (COE) Technical Levels in Review

Let’s take a closer look at some technical levels for China Online Education Group (COE). The 14-day RSI is presently at 38.68, the 7-day is 39.43, and the 3-day is spotted at 44.71. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI […]

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Is Blackrock Muniyield California Fund (MYC) Ready for a Breakout?

Is Blackrock Muniyield California Fund (MYC) Ready for a Breakout?

Investors may be looking at some different technical levels in order to get a better grasp on the markets. Presently, the 14-day ADX for Blackrock Muniyield California Fund (MYC) is 14.22. In general, an ADX value from 0-25 would signal an absent or weak trend. A level of 25-50 would indicate a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would […]

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Following the Charts on Gds Holdings Ltd (GDS): A Look Behind the Curtain

Following the Charts on Gds Holdings Ltd (GDS): A Look Behind the Curtain

Checking in on the numbers for Gds Holdings Ltd (GDS), we can see that the company has a Williams Percent Range or 14 day Williams %R of -24.19. In general, if the reading goes above -20, the stock may be considered  to be overbought. On the other end of the spectrum, if the indicator goes under -80, this may show the stock as being oversold. The Williams Percent Range or Williams […]

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Is Momentum Mounting for 7-10 Year Treasury Bear -3X Direxion (TYO)

Is Momentum Mounting for 7-10 Year Treasury Bear -3X Direxion (TYO)

Currently, the 14-day ADX for 7-10 Year Treasury Bear -3X Direxion (TYO) is 10.36. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The Average Directional Index or ADX is a technical analysis indicator used […]

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Technical Focus: What’s Happening With Shares of Concord Medical Services (CCM)

Technical Focus: What’s Happening With Shares of Concord Medical Services (CCM)

Traders have been closely following shares of Concord Medical Services (CCM) recently. Focusing on moving averages, the 50-day is 3.72, the 200-day is at 4.08, and the 7-day is 3.89. Using the moving average for technical stock analysis is still quite popular among traders and investors. The moving average can be used as a reference point to help spot buying and selling opportunities. Using a longer term moving average such […]

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