| Date: Dec 8, 2017 |
| Needle moving action has been spotted in Apollo Commercial Real Estate (ARI) as shares are moving today on volatility 0.16% or 0.03 from the open. The NYSE listed company saw a recent bid of 18.59 and 142018 shares have traded hands in the session.
For technical traders, support and resistance lines play an important role. The support line generally displays the lowest price that investors will let a stock trade. This means that the stock price is unlikely to drop under this level. When support lines are breached, chartists may be watching for shares to move lower until they reach the next support level. The resistance line is the exact opposite of the support line. The resistance level is typically the highest price that investors will allow the stock to trade at. Traders will carefully watch the stock price when a resistance level is broken. The thought is that the price will continue to move towards the next level of resistance. Traders and investors may use support and resistance lines for various purposes. One popular use of these lines is to identify possible entry and exit points for trades. Currently, the 14-day ADX for Vanadium One Energy Corp (VONE.V) is sitting at 18.65. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. Vanadium One Energy Corp (VONE.V) currently has a 14-day Commodity Channel Index (CCI) of -23.33. Active 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. After a recent check, Vanadium One Energy Corp’s 14-day RSI is currently at 43.12, the 7-day stands at 41.78, and the 3-day is sitting at 44.42. Taking a deeper look into the technical levels of Vanadium One Energy Corp (VONE.V), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -57.14. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. |
Thursday, November 21, 2024
