Date: Dec 6, 2017 |
Investors monitoring the Gordson Hollis Price Index Saturation levels on shares of Vanadium One Energy Corp (VONE.V) are taking a closer look as a key level has been reached. After a recent review, the reading is currently E (Empty), revealing a strong sell trend. Gordon Hollis created the Price Index Saturation indicator in 1998. The Gordson Hollis Price Index Saturation or Gordson Hollis PIS level indicator uses a combination of volume continuity analysis and historical price deviation to create a discernable buy or sell signal. Gordson Hollis labeled these signals as Full or Empty. When presenting the theory, Gordson Hollis believed that PIS levels were best grouped in what he labeled “bougets”.
Vanadium One Energy Corp (VONE.V) shares have traded down the past week in the red, yielding negative results for the shares at they ticked -12.50%. In taking a look at recent performance, we can see that shares have moved -33.33% over the past 4-weeks, -17.65% over the past half year and -46.15% over the past full year. Traders are keeping a keen eye on shares of Vanadium One Energy Corp (VONE.V). The Average Directional Index or ADX may prove to be an important tool for trading and investing. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of the trend. Presently, the 14-day ADX is resting at 22.15. 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. Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Vanadium One Energy Corp (VONE.V)’s Williams Percent Range or 14 day Williams %R is resting at -77.78. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend. |