Date: Oct 15, 2018
Australian Vanadium Ltd (AVLO.AX) has ended the week in the red, yielding negative results for the shares at they ticked -8.33%. In taking a look at recent performance, we can see that shares have moved -15.38% over the past 4-weeks, -31.25% over the past half year and 340.00% over the past full year.
Investing in the stock market has traditionally offered higher returns than other types of investments. With the higher potential for returns, there is also a higher risk factor. Investors typically need to address their own personal risk situation before jumping into the market. Figuring out risk appetite can help when choosing which types of stocks to buy. Some investors will decide that they want to take a chance on certain stocks that have the potential to outperform in the future. Other investors may opt to play it safe and build a portfolio with low risk, staple stocks.
Currently, Australian Vanadium Ltd (AVLO.AX) has a 14-day Commodity Channel Index (CCI) of -106.10. The CCI technical indicator can be employed to help figure out if a stock is overbought or oversold. CCI may also be used to aid in the discovery of divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal.
Tracking other technical indicators, the 14-day RSI is presently standing at 39.14, the 7-day sits at 35.61, and the 3-day is resting at 36.14 for Australian Vanadium Ltd (AVLO.AX). The Relative Strength Index (RSI) is a highly popular technical indicator. The RSI is computed base on the speed and direction of a stock’s price movement. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI value will always move between 0 and 100. One of the most popular time frames using RSI is the 14-day.
