Date: Aug 7, 2018
Shares of China Vanadium Titano-Magnetite Mining Co Ltd (0893.HK) have been trending lower over the past five bars, revealing bearish momentum for the shares, as they ran -7.10% for the week. Looking further out we note that the shares have moved 13.33% over the past 4-weeks, -35.85% over the past half year and -25.44% over the past full year.
Some investment professionals believe that a great way to find, study, and invest in equities without getting completely overwhelmed, is to have a systematic and research driven approach. Of course, the same approach may not work for everybody. One investor may find one way that works for them, and another investor might find something completely different when it comes to portfolio picking. Trading and investing can carry a major emotional component. Even after careful research, being able to pull the trigger on a trade may still involve squashing the fear that comes with the thought of being wrong. Finding continued success in the stock market may entail keeping the portfolio balanced, but also finding the courage to get in when necessary, or get out when needed. Developing this confidence may take a lot of practice and determination.
Traders may be narrowing in on the ATR or Average True Range indicator when reviewing technicals. At the time of writing, China Vanadium Titano-Magnetite Mining Co Ltd (0893.HK) has a 14-day ATR of 0.01. The average true range indicator was created by J. Welles Wilder in order to measure volatility. The ATR may assist traders with figuring out the strength of a breakout or reversal in price. It is important to note that the ATR was not designed to determine price direction or to predict future prices.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, China Vanadium Titano-Magnetite Mining Co Ltd (0893.HK)’s Williams Percent Range or 14 day Williams %R is resting at -37.50. 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.
