Trading Monitor On Ark Mines Ltd (AHK.AX) Shares

Trading Monitor On Ark Mines Ltd (AHK.AX) Shares

Technical analysts have been monitoring shares of Ark Mines Ltd (AHK.AX) as of late. The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in 1978. RSI measures the magnitude and velocity of directional price movements. The data is represented graphically by fluctuating between a value of 0 […]

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Investor Brief: Checking Technical Levels on Peninsula Mines Ltd (PSM.AX) Shares

Investor Brief: Checking Technical Levels on Peninsula Mines Ltd (PSM.AX) Shares

In terms of moving averages for Peninsula Mines Ltd (PSM.AX), the 200-day is currently at 0.02, the 50-day is 0.02, and the 7-day is resting at 0.02. The moving average is a popular investing tool among traders. Moving averages can be used to help filter out the day to day noise created by other factors. MA’s may be used to identify uptrends or downtrends, and they can be a prominent […]

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Trading Center: Watching Key Levels For Independence Group NL (IGO.AX)

Trading Center: Watching Key Levels For Independence Group NL (IGO.AX)

After a recent look, Independence Group NL (IGO.AX) has a 50-day Moving Average of 3.37, the 200-day Moving Average is 3.91, and the 7-day is noted at 3.55. A popular tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying […]

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Trading Scope: Following Levels on Steel & Tube Holdings Ltd (STU.NZ)

Trading Scope: Following Levels on Steel & Tube Holdings Ltd (STU.NZ)

Steel & Tube Holdings Ltd (STU.NZ) has a 14-day Commodity Channel Index (CCI) of 153.09. The CCI was designed to typically remain within the reading of -100 to +100. Traders may use the indicator to spot stock trends or to seek out overbought/oversold conditions. A CCI reading over +100 would suggest that the stock is overbought and possibly ready for a correction. On the flip side, a reading of -100 […]

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NEXTDC Ltd (NXT.AX) Chart Watch: Following the Indicators

NEXTDC Ltd (NXT.AX) Chart Watch: Following the Indicators

Investors may be looking to compare the current stock price of NEXTDC Ltd (NXT.AX) to some of its moving averages. After a recent check, the 200-day MA is resting at 3.76, and the 50-day is 4.22. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying peaks and troughs. […]

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