Published: Mon, July 17, 2017
Markets | By Noel Gibbs

Global X Silver Miners ETF (SIL) Shares Needle Moving 1.99%


In terms of Relative Strength Index, the 14-day RSI is now resting at 64.75, the 7-day is 76.86, and the 3-day is standing at 82.22. More interesting news about iShares MSCI Sweden Index (ETF) (NYSEARCA:EWD) were released by: Seekingalpha.com and their article: "Sweden ETF A Speculative Buy" published on February 15, 2017 as well as Seekingalpha.com's news article titled: "Sweden's Stock Market: Don't Catch A Falling Knife" with publication date: October 21, 2016. The RSI oscillates on a scale from 0 to 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is heading lower.

The Relative Strength Index (RSI) is a highly popular momentum indicator used for technical analysis. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. Traders may use these levels to help identify stock price reversals. Many investors will use the CCI in conjunction with other indicators when evaluating a trade.

Auburn linebacker Tre' Williams named to Butkus Award watch list
The award named after legendary linebacker Dick Butkus has been presented by the Butkus Foundation in every year since 1985. Texas Longhorns junior linebacker Malik Jefferson 's name has been added to yet another preseason watch list.


Taking a look at the numbers, Paramount Group Inc (PGRE) has a 14-day Commodity Channel Index (CCI) of -27.63. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal. CCI may also be used to help discover divergences that could possibly signal reversal moves. Interested traders may be keeping an eye on the Williams Percent Range or Williams %R. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. The company has a 50 day moving average price of $35.04 and a 200 day moving average price of $36.21. iShares MSCI Brazil Index has a 12-month low of $31.04 and a 12-month high of $40.80. A common look back period is 14 days. iShares S&P/TSX Global Base Metals Index ETF (XBM.TO)'s Williams %R presently stands at -9.32. The Williams %R oscillates in a range from 0 to -100. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. Alternately, if the indicator goes below -80, this may point to the stock being oversold.

Currently, the 14-day ADX for Kohls Corp (KSS) is 13.86. In general, and ADX value from 0-25 would represent an absent or weak trend. The ADX was created by J. Welles Wilder to help determine how strong a trend is. The stock now has an average rating of "Hold" and an average price target of $32.33. The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. Moving averages can be very useful for identifying peaks and troughs. 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. The 50-day is 63.16, and the 7-day is sitting at 63.83.

Oil edges up towards $49, U.S. drilling slowdown supports
On the whole, given the selloff in the recent months, we mentioned last week that some short-covering was on the anvil. Indeed, the OPEC has warned of a likely surplus of production in 2018 although being at a high level already.


Investors might have been ready to throw in the towel as the rally stalled recently. Many investors may find out the hard way that shortcuts are not the answer to achieving long-term success in the stock market. Many people may assume healthcare and tech would be the easy targets, primarily because that's where the earnings growth is. Traders will most likely be honing their strategies that they created, trying to beat the market over the next couple of months.

In Wake Of Brexit Merkel Vows To Strengthen EU
Hours before Merkel's interview, Schulz unveiled a campaign plan that would include "much higher" infrastructure investment. Polls ahead of the September 24 election show Merkel in a strong position.


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