Published: Sat, May 20, 2017
Business | By Max Garcia

First Trust United Kingdom AlphaDEX ETF (FKU) Rises 0.18% for May 18


Checking in on some other technical levels, the 14-day RSI is now at 55.97, the 7-day stands at 60.72, and the 3-day is sitting at 71.94. Alternately, if the indicator goes below -80, this may point to the stock being oversold. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". The normal reading of a stock will fall in the range of 30 to 70. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. 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 Williams %R oscillates in a range from 0 to -100. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI). Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. More interesting news about SPDR S&P International Small Cap (ETF) (NYSEARCA:GWX) were released by: Fool.com and their article: "4 Dividend Aristocrats ETFs for Your Income Portfolio" published on August 22, 2016 as well as Seekingalpha.com's news article titled: "Here's Why The Market Rally Has Left Small Caps Behind" with publication date: March 10, 2017. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. The stock has a 50-day moving average price of $236.93 and a 200-day moving average price of $229.76. Moving averages are considered to be lagging indicators meaning that they confirm trends.

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