Published: Thu, September 28, 2017
Finance | By Loren Pratt

IShares MSCI Thailand Capped (THD) Declines 0.24% for Sep 27

The exchange traded fund has 474.45M net assets and 0.97% volatility this month.

Volume is the indicator at which chartists constantly look to determine whether or not a move in the markets, a sector or a single issue, has conviction. According to Chande, whenever the components of the Aroon indicator are in close proximity, this is a sign of market consolidation. It requires no weightings or exotic mathematical formulas.

The Aroon Oscillator was developed by Tushar Chande to highlight the start of a new trend and to measure trend strength. If they do not, it is a sure indicator of weakness in the trend, and thus a trend reversal may be well on the horizon. A long position should be maintained as long as the indicator is moving above the price levels, whereas a short position - while it is below them.

Traders may be narrowing in on the ATR or Average True Range indicator when reviewing technicals.

Focusing in on shares of iShares $ Treasury Bond 1-3yr UCITS ETF USD (CU31.L), we have seen that the Percentage Price Oscillator is now lower than the signal line. The indicator is computed by using the average losses and gains of a stock over a certain time period. Checking in on some other technical levels, the 14-day RSI is now at 38.41, the 7-day stands at 43.17, and the 3-day is sitting at 68.17. The Relative Strength Index (RSI) is a highly popular technical indicator. The RSI was developed by J. Welles Wilder. Values can range from 0 to -100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. A reading from -80 to -100 would indicate an oversold situation. Some analysts believe that the ADX is one of the best trend strength indicators available. The ADX was introduced by J. Welles Wilder in the late 1970's and it has stood the test of time.

ISHARES HEALTHCARE INNOVATION UCITS ETF (DRDR.L) presently has a 14-day Commodity Channel Index (CCI) of -71.10. A level under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

The Williams Percent Range or Williams %R is another technical indicator worth taking a look at. iShares MSCI EM Latin America UCITS ETF USD (DLTM.L) now has a 14 day Williams %R of -97.70. The CCI was created to typically stay within the reading of -100 to +100. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Chart analysts may also use the indicator to project possible price reversals and to define trends. Dedicated investors may choose to use this technical indicator as a stock evaluation tool.

iShares MSCI EM Latin America UCITS ETF USD (DLTM.L) is seeing positive money flow as the Chalkin (CMF) indicator is holding above the zero line. On the flip side, an RSI near 0 may signal weaker momentum. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. Looking at some moving average levels, the 200-day is at 480.68, the 50-day is 496.71, and the 7-day is sitting at 504.55. Whatever approach is used, investors may benefit greatly from making sure that all the homework is done, and all of the angles have been examined properly. They may also be used to assist the trader figure out proper support and resistance levels for the stock. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The current 14-day RSI is presently sitting at 45.58, the 7-day is 34.96, and the 3-day is 11.44. ADX calculations are made based on the moving average price range expansion over a specified amount of time.

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