Century City International Holdings Ltd (0355.HK) shares are moving today on volatility -1.39% or $-0.01 from the open. The HKSE listed company saw a recent bid of $0.71 and 615575 shares have traded hands in the session.
Deep diving into the technical levels for Century City International Holdings Ltd (0355.HK), we note that the equity currently has a 14-day Commodity Channel Index (CCI) of 46.67. 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.
Century City International Holdings Ltd’s Williams Percent Range or 14 day Williams %R currently sits at -37.50. 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 Century City International Holdings Ltd (0355.HK) is sitting at 55.25. 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 Century City International Holdings Ltd (0355.HK) is currently at 61.89, the 7-day stands at 55.24, and the 3-day is sitting at 38.98.
Needle moving action has been spotted in Carnival Group International Holdings Ltd (0996.HK) as shares are moving today on volatility -1.39% or -0.01 from the open. The HKSE listed company saw a recent bid of 0.71 and 520000 shares have traded hands in the session.
After a recent check, Carnival Group International Holdings Ltd’s 14-day RSI is currently at 20.88, the 7-day stands at 19.79, and the 3-day is sitting at 21.21.
Taking a deeper look into the technical levels of Carnival Group International Holdings Ltd (0996.HK), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -75.00. 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.
Carnival Group International Holdings Ltd (0996.HK) currently has a 14-day Commodity Channel Index (CCI) of -122.75. 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.
Currently, the 14-day ADX for Carnival Group International Holdings Ltd (0996.HK) is sitting at 43.53. 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.
As the second half of the year has approached, investors may be doing a deep dive into the portfolio to see what has worked and what hasn’t worked so far this year. Investors may be looking to make a complete overhaul or just a few minor tweaks. The big question seems to be whether or not the market will remain solid of the next couple of quarters. There are obviously those who think a stock market collapse is imminent, and those who believe the market is bound for newer, greater heights. Being prepared for any scenario will most likely be greatly beneficial to individual investors over the next few months.
