Published: Wed, November 15, 2017
Finance | By Loren Pratt

Market Watch: UO Reading Below 40 for Denmark Index MSCI Ishares (EDEN)

iShares MSCI Emerging Markets ETF (NYSE:EEM) opened at $46.29 on Monday. iShares MSCI Emerging Markets ETF has a 52-week low of $33.94 and a 52-week high of $46.87. Investors may be tempted to jump on the bullish bandwagon when stocks are powering higher. The ATR basically measures the volatility of a stock on a day-to-day basis. The ADX was introduced by J. Welles Wilder in the late 1970's and it has stood the test of time. Wilder has developed multiple indicators that are still quite popular in today's investing landscape. Value managers seek out companies with high BTMs for their portfolios.

The Williams Percent Range or Williams %R is another technical indicator worth checking out. The 14-day RSI is now sitting at 54.09, the 7-day is at 49.47, and the 3-day is spotted at 31.49 for Argentina Index MSCI Ishares (AGT). Values can span from 0 to -100. The Williams %R was developed by Larry Williams. Levels above -20 may indicate the stock may be considered is overbought. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI).

Most investors are aware that not all stocks will be performing well at the same time.

The 14-day ADX for Denmark Index MSCI Ishares (EDEN) is now 21.02. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A value of 25-50 would support 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. Keeping a close watch on earnings beats may help investors catch the wave early enough to secure some future profits.

Germany Index MSCI Ishares (EWG) now has a 14-day Commodity Channel Index (CCI) of -95.07. Despite the name, CCI can be used on other investment tools such as stocks. The CCI was created to typically stay within the reading of -100 to +100.

Moving averages can help spot trends and price reversals. 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. A reading between -80 to -100 may be typically viewed as strong oversold territory.

DJ Select Dividend Index Ishares (DVY) touched 94.90 on a recent bid indicating that the Tenkan line is still hovering below the Kijun Sen. The current 14-day RSI is presently sitting at 63.39, the 7-day is 47.11, and the 3-day is 15.53. The Relative Strength Index (RSI) is a highly popular technical indicator. Using a scale from 0 to 100, a lower score would represent an undervalued company and a higher score would indicate an expensive or overvalued company. The ATR is not considered a directional indicator, but it may reflect the strength of a particular move. The opposite would be the case for a falling ADX line. One of the most popular time frames using RSI is the 14-day. The RSI may be useful for spotting abnormal price activity and volatility. The normal reading of a stock will fall in the range of 30 to 70. On the flip side, a shorter MA like the 50-day may help with identifying shorter term trading signals. Investors may have to make a decision whether to ease-up or stay aggressive. Conducting thorough fundamental research on stocks even after they have broken out may help the investor understand the reason behind the move, and whether it is likely to continue or if it is just a temporary spike.

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