Chart Monitor: Taking a Look at Shares of LEKOIL Ltd (LEK.L)

Chart Monitor: Taking a Look at Shares of LEKOIL Ltd (LEK.L)

Technical analysts may be interested in how LEKOIL Ltd (LEK.L) is trading in relation to some moving averages. Presently, the 200-day MA is resting at 22.16, and the 50-day is 17.62. 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 […]

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Looking for a Catalyst: What Are the Technicals Saying About Cineworld Group PLC (CINE.L)?

Looking for a Catalyst: What Are the Technicals Saying About Cineworld Group PLC (CINE.L)?

The Relative Strength Index (RSI) is a highly popular momentum indicator used for technical analysis. The RSI can help display whether the bulls or the bears are currently strongest in the market. The RSI may be used to help spot points of reversals more accurately. The RSI was developed by J. Welles Wilder. As a general rule, an RSI reading over 70 would signal overbought conditions. A reading under 30 […]

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Stock Trading Check on Bowleven PLC (BLVN.L)

Stock Trading Check on Bowleven PLC (BLVN.L)

Bowleven PLC (BLVN.L) currently has a 50-day Moving Average of 29.96, the 200-day Moving Average is 28.55, and the 7-day is noted at 25.61.  Following moving averages with different time frames may help offer a wide variety of stock information. A longer average like the 200-day may serve as a smoothing tool when striving to evaluate longer term trends. On the flip side, a shorter MA like the 50-day may […]

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Market Focus: Checking Indicators on iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L)

Market Focus: Checking Indicators on iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L)

Taking a glance from a technical standpoint, iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L) presently has a 14-day Commodity Channel Index (CCI) of -133.29. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was […]

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Investor Focus on Safestore Holdings PLC (SAFE.L) Shares

Investor Focus on Safestore Holdings PLC (SAFE.L) Shares

Investors have the ability to employ technical indicators when undertaking stock research. At the time of writing, Safestore Holdings PLC (SAFE.L) has a 14-day Commodity Channel Index (CCI) of -86.86. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a […]

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