Active Runners in Focus: Arrowhead Pharma (ARWR) and Silver Standard Resources Inc (SSRM)

Arrowhead Pharma (ARWR) shares are moving today on volatility -2.50% or $-0.14 from the open. The NASDAQ listed company saw a recent bid of $5.45 and 1103449 shares have traded hands in the session.

At times, stock market volatility can wreak havoc on investors. When the market becomes highly volatile, investors may get the jitters and think they need to rush to action. In the heat of the moment, it can be tricky to see the clear skies in the distance. Investors may be best served at times to just let the cards fall where they may and not try to be a hero and drastically change the portfolio. Following a solid plan may allow investors to lay off the gas when times get tough. If the research is well done and the plan is in place, sticking to the plan might be the call. Of course nobody wants to see a significant drop in the value of stocks that they own. Being able to see the overall picture when the markets become turbulent may allow the investor to move forward with confidence.

Arrowhead Pharma’s Williams Percent Range or 14 day Williams %R currently sits at -75.97. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Currently, the 14-day ADX for Arrowhead Pharma (ARWR) is sitting at 28.69. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSIfor Arrowhead Pharma (ARWR) is currently at 49.29, the 7-day stands at 36.22, and the 3-day is sitting at 21.81.

Needle moving action has been spotted in Silver Standard Resources Inc (SSRM) as shares are moving today on volatility 6.23% or 0.49 from the open. The NASDAQ listed company saw a recent bid of 8.35 and 1100921 shares have traded hands in the session.

Investors might be looking into the magic eight ball trying to project where the stock market will be heading over the next few months. Some analysts believe that the market is ready to take a bearish turn, but others believe that there is still room for stocks to shoot higher. When the markets do have a sell-off, investors may be tempted to sell winners before they give up previous profits. Sometimes this may be justified, but other times this type of panic selling can cause investors to just have to repurchase shares at a higher price after the recovery. Keeping tabs on the underlying company fundamental data can help provide the investor with a better idea of whether to hold on to a stock or let it go.

Currently, the 14-day ADX for Silver Standard Resources Inc (SSRM) is sitting at 23.13. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. 

Silver Standard Resources Inc (SSRM) currently has a 14-day Commodity Channel Index (CCI) of -83.45. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. 

After a recent check, Silver Standard Resources Inc’s  14-day RSI is currently at 46.21, the 7-day stands at 47.08, and the 3-day is sitting at 59.14.

Taking a deeper look into the technical levels of Silver Standard Resources Inc (SSRM), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -66.67. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

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