Stock Under Scrutiny: Xero Ltd (XRO.NZ)

Stock Under Scrutiny: Xero Ltd (XRO.NZ)

Investors are taking another look at shares of Xero Ltd (XRO.NZ). 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 and 100. The […]

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Stock Tracker: Looking at the Levels on Shares of Zinc of Ireland NL (ZMI.AX)

Stock Tracker: Looking at the Levels on Shares of Zinc of Ireland NL (ZMI.AX)

After a recent technical review, shares of Zinc of Ireland NL (ZMI.AX) have a 200-day moving average of 0.01. The 50-day is 0.01, and the 7-day is sitting at 0.01. Using a wider time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price fluctuations. In some cases, MA’s may be used as strong reference […]

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Looking at the Technicals For CV Check Ltd (CV1.AX)

Looking at the Technicals For CV Check Ltd (CV1.AX)

Traders are taking a second look at how shares of CV Check Ltd (CV1.AX) have been performing lately. A favorite 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 peaks and troughs. They may also be used to help […]

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Stock Checkup on ALS Ltd (ALQ.AX)

Stock Checkup on ALS Ltd (ALQ.AX)

When applying indicators for technical analysis, traders and investors might want to check out the ATR or Average True Range. The current 14-day ATR for ALS Ltd (ALQ.AX) is currently sitting at 0.20. The ATR basically measures the volatility of a stock on a day-to-day basis. The average true range is typically based on 14 periods and may be calculated daily, weekly, monthly, or intraday. The ATR is not considered a […]

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Technical Focus on Shares of Henry Morgan Ltd (HML.AX)

Technical Focus on Shares of Henry Morgan Ltd (HML.AX)

Investors and traders using technical analysis to examine stocks may be interested in taking a look at the ATR or Average True Range. Currently, Henry Morgan Ltd (HML.AX) has a 14-day ATR of 0.07. The Average True Range is an investor tool used to measure stock volatility. The ATR is not used to figure out price direction, just to measure volatility. The ATR is an indicator developed by J. Welles […]

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