Following the numbers for iShares FTSE NAREIT Real Estate 50 (FTY), we have recently recorded that 21 day Wilder Moving Average is higher than the 50 day SMA. Traders may be watching this reading to see if a strong near-term trend is evident.
Taking a peek at some Moving Averages, the 200-day is at 48.92, the 50-day is 45.03, and the 7-day is sitting at 44.37. The moving average is a popular tool among technical stock analysts. 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 the trader figure out proper support and resistance levels for the stock.
Traders are paying renewed attention to shares of iShares FTSE NAREIT Real Estate 50 (FTY). The current 14-day RSI is presently sitting at 49.38, the 7-day is 46.88, and the 3-day is 42.47. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is heading lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Traders may use these levels to help identify stock price reversals.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, iShares FTSE NAREIT Real Estate 50 (FTY)’s Williams Percent Range or 14 day Williams %R is resting at -76.27. 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.
Currently, iShares FTSE NAREIT Real Estate 50 (FTY) has a 14-day Commodity Channel Index (CCI) of -68.91. 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.
Taking a quick look at technical levels and trend lines, we see that the stock has a 14-day ADX of 4.51. For traders looking to capitalize on trends, the ADX may be an essential technical tool. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend.