Tracking the numbers for Advisorshares Wilshire Buyback ETF (TTFS), we can now see that the Chaikin Oscillator reading is above zero. Tracking this signal, traders may be looking for signs of a possible bullish trend developing.
A commonly used 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 certain period of time. Moving averages can be very helpful for identifying peaks and troughs. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Currently, the 200-day MA is sitting at 66.56.
Currently, the 14-day ADX for Advisorshares Wilshire Buyback ETF (TTFS) is sitting at 28.98. 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.
Investors and Traders using technical analysis to review stocks may be focusing on the ATR or Average True Range. Currently, Advisorshares Wilshire Buyback ETF (TTFS) has a 14-day ATR of 0.47. 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 Wilder. Wilder has developed multiple indicators that are still quite popular in today’s investing landscape. The general interpretation of the ATR is the higher the ATR value, the higher the volatility.
Taking a closer look from a technical standpoint, Advisorshares Wilshire Buyback ETF (TTFS) presently has a 14-day Commodity Channel Index (CCI) of 84.93. 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 developed for commodities, it has become a popular tool for equity evaluation as well.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Advisorshares Wilshire Buyback ETF (TTFS)’s Williams Percent Range or 14 day Williams %R is resting at -9.20. 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.
After a recent check, we have noticed that the Chaikin Oscillator is above zero for Katahdin Bankshs Cp (KTHN). Traders may be paying close attention to the stock and looking out for possible bullish momentum.
Interested investors may be watching the Williams Percent Range or Williams %R. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. Katahdin Bankshs Cp (KTHN)’s Williams Percent Range or 14 day Williams %R currently sits at -22.35. In general, if the indicator goes above -20, the stock may be considered overbought. Alternately, if the indicator goes below -80, this may point to the stock being oversold.
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI is presently standing at 63.62, the 7-day is 67.96, and the 3-day is resting at 70.46.
Currently, the 14-day ADX for Katahdin Bankshs Cp (KTHN) is sitting at 25.81. In general, 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.
Katahdin Bankshs Cp (KTHN) currently has a 14-day Commodity Channel Index (CCI) of 97.59. 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. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.
Moving averages can help spot trends and price reversals. They may also be used to help find support or resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm trends. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward. Shares of Katahdin Bankshs Cp (KTHN) have a 7-day moving average of 15.31.
