Stock Watch: Checking the Technicals for Northumberland Bancorp (NUBC)

A bullish signal occurs when the Tenkan Sen crosses from below to above the Kijun Sen. Many traders will use a combination of moving averages with different time frames to help review stock trend direction. As you can see by the chart below, the Tenkan Line is quite different than a 9SMA. Moving averages can be very helpful for identifying peaks and troughs. When combined with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), it can help decipher the trend direction as well.

Value investors may be scanning the shelves for bargain stocks. Value investors may be searching for stocks with lower price to earnings ratios that possess higher dividend yields. Growth stocks include shares of companies that may have the possibility of generating higher than average profit growth and revenues. The stock market is still producing plenty of green arrows, and investors need to be able to capitalize. As markets tend to move in cycles, it may be necessary to align the portfolio to the category that is best positioned to make consistent gains in the future.

Moving averages have the ability to be used as a powerful indicator for technical stock analysis.

Currently, the 14-day ADX for Esure Group Plc (ESUR.L) is sitting at 23.54. The RSI may be useful for spotting abnormal price activity and volatility. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. The general interpretation of the ATR is the higher the ATR value, the higher the volatility.

ETFS Foreign Exchange Limited (LSEK.L)'s Williams Percent Range or 14 day Williams %R is sitting at -86.27. Astellas Pharma Inc (ALPMF) now has a 14 day Williams %R of -11.27. A reading between 0 and -20 would indicate an overbought situation. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. Alternately, if the indicator goes below -80, this may point to the stock being oversold. Chart analysts may also use the indicator to project possible price reversals and to define trends. The Relative Strength Index (RSI) is a highly popular technical indicator. The ADX alone measures trend strength but not direction. The RSI, or Relative Strength Index, is a commonly used technical momentum indicator that compares price movement over time. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. Presently, the 14-day ADX for ETFS Foreign Exchange Li (SCOM.L) is 30.42. Many technical analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. Investors and traders may be looking to figure out if a stock is trending before employing a specific trading strategy.

Northumberland Bancorp (NUBC) presently has a 14-day Commodity Channel Index (CCI) of 112.01. Despite the name, CCI can be used on other investment tools such as stocks. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally.

Traders are paying renewed attention to shares of Rotary Engineering Limited (R07.SI).

Checking in on some other technical levels, the 14-day RSI is now at 56.92, the 7-day stands at 59.00, and the 3-day is sitting at 53.88. This range falls on a scale between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite would be the case for a falling ADX line. If the RSI is closer to 100, this may indicate a period of stronger momentum. One of the more popular combinations is to use the 50-day and 200-day moving averages. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. Ichimoku Kinko Hyo, which translates to "equilibrium at a glance chart", was developed to allow a trader to quickly and easily appraise the trend, momentum, and support and resistance levels of an asset, from a single chart.

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