Active Runners in Focus: Centaurus Diamond Technologies Inc (CTDT) and Solitario Exploration & Royalty Corp (XPL)

Needle moving action has been spotted in Centaurus Diamond Technologies Inc (CTDT) as shares are moving today on volatility -27.46% or -0.053 from the open. The OTC listed company saw a recent bid of 0.1400 and 45325 shares have traded hands in the session.

When it comes to investing, people are generally told to make sure that they don’t put all their eggs in one basket. This saying can apply to investing in the stock market as well. Keeping the stock portfolio diversified can greatly behoove the individual investor. When hard earned money is on the line, individuals may want to pay extra attention as to how their equity holdings are spread out. Many investors will choose to pick stocks that combine large cap, small cap, and even international stocks. Although stock portfolio diversification does not eliminate risk, it can help reduce it during tumultuous market conditions.

Currently, the 14-day ADX for Centaurus Diamond Technologies Inc (CTDT) is sitting at 18.16. 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. 

Centaurus Diamond Technologies Inc (CTDT) currently has a 14-day Commodity Channel Index (CCI) of -183.25. 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, Centaurus Diamond Technologies Inc’s  14-day RSI is currently at 49.98, the 7-day stands at 44.54, and the 3-day is sitting at 35.07.

Taking a deeper look into the technical levels of Centaurus Diamond Technologies Inc (CTDT), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -53.14. 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.

Shares of Solitario Exploration & Royalty Corp (XPL) are moving on volatility today 3.85% or $0.021 from the open. The NYSE listed company saw a recent bid of $0.567 and 45315 shares have traded hands in the session.

Accumulating knowledge about the stock market can be a big part of the investment planning process. Proper allocation of equity investments is also an important factor. Finding the proper mix of stocks may end up being more important than the single stocks added to the portfolio. Determining the correct asset allocation can depend on variables such as risk appetite and financial goals. These goals may be short-term, medium term, or longer-term. Investors will often have to determine how aggressive they will be when buying stocks. This can also depend on the overall time horizon and risk tolerance. Some investors might be unfazed by continuous market fluctuations. Others may be much more sensitive, and they may need to adjust their plans accordingly.

Deep diving into the technical levels for Solitario Exploration & Royalty Corp (XPL), we note that the equity currently has a 14-day Commodity Channel Index (CCI) of -111.28. 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.

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 Solitario Exploration & Royalty Corp (XPL) is currently at 43.51, the 7-day stands at 43.81, and the 3-day is sitting at 49.64.

Solitario Exploration & Royalty Corp’s Williams Percent Range or 14 day Williams %R currently sits at -75.70. 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 Solitario Exploration & Royalty Corp (XPL) is sitting at 18.00. 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.

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