L Brands Inc (LB) Shares in Focus

L Brands Inc (LB) Shares in Focus

A popular indicator among technical analysts that can help to measure the strength of market momentum is the Average Directional Index or ADX. The ADX was created by J. Welles Wilder to help determine how strong a trend is. In general, a rising ADX line means that an existing trend is gaining strength. The opposite would be the case for a falling ADX line. At the time of writing, the […]

Read More ˃
Technical Levels Under The Lens For Verizon Communications Inc (VZ)

Technical Levels Under The Lens For Verizon Communications Inc (VZ)

Tracking stock levels, Verizon Communications Inc (VZ) has a 14-day Commodity Channel Index (CCI) of -90.56. Even though the name contains the word commodity, CCI can be used on other investment tools such as stocks. The CCI was developed to typically stay within the -100 to +100 levels. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. A CCI reading above +100 would imply that […]

Read More ˃
Tracking Metrics on Shares of Paypal Holdings (PYPL)

Tracking Metrics on Shares of Paypal Holdings (PYPL)

Sharp investors may be looking to examine the Williams Percent Range or Williams %R. Developed by Larry Williams, this indicator helps spot overbought and oversold market conditions. The Williams %R shows how the current closing price compares to previous highs/lows over a specified period. Paypal Holdings (PYPL)’s Williams Percent Range or 14 day Williams %R is sitting at -29.64. Typically, if the value heads above -20, the stock may be […]

Read More ˃
Ultrapro Short QQQ Proshares (SQQQ) Chart Indicator Checkup

Ultrapro Short QQQ Proshares (SQQQ) Chart Indicator Checkup

Ultrapro Short QQQ Proshares (SQQQ) currently has a 14-day Commodity Channel Index (CCI) of -65.15. Dedicated investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a […]

Read More ˃
Chart Level Analysis on Shares of Schlumberger N.V. (SLB)

Chart Level Analysis on Shares of Schlumberger N.V. (SLB)

One technical indicator that may assist in measuring the strength of market momentum is the Average Directional Index or ADX. At the time of writing, the 14-day ADX for Schlumberger N.V. (SLB) is standing at 23.22. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no […]

Read More ˃