Market Focus: Checking Indicators on Ecofin Global Utilities and Infrastructu (EGL.L)

Market Focus: Checking Indicators on Ecofin Global Utilities and Infrastructu (EGL.L)

Taking a glance from a technical standpoint, Ecofin Global Utilities and Infrastructu (EGL.L) presently has a 14-day Commodity Channel Index (CCI) of -98.63. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, […]

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Traders Are Following KPS AG (KSC.DE)’s Technical Levels

Traders Are Following KPS AG (KSC.DE)’s Technical Levels

KPS AG (KSC.DE) currently has a 14-day Commodity Channel Index (CCI) of 0.83. Dedicated 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, […]

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Trading Monitor: What’s Next For U and I Group Plc (UAI.L)?

Trading Monitor: What’s Next For U and I Group Plc (UAI.L)?

Traders have been keeping a close eye on shares of U and I Group Plc (UAI.L). Currently, the company has a 14-day RSI of 57.27, the 7-day is 60.10, and the 3-day is resting at 67.42.The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in 1978. RSI […]

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Enel SpA (ENL.DE): Technical Focus & Update

Enel SpA (ENL.DE): Technical Focus & Update

Watching some technicals on shares of Enel SpA (ENL.DE), the 50-day Moving Average is 5.19, the 200-day Moving Average is 4.75, and the 7-day is noted at 5.27. Moving averages are a popular trading tool among investors. Moving averages can be used to help filter out the day to day noise created by other factors. MA’s may be used to identify uptrends or downtrends, and they can be a prominent […]

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Stock Under Scrutiny: Edinburgh Dragon Trust Plc (EFM.L)

Stock Under Scrutiny: Edinburgh Dragon Trust Plc (EFM.L)

Investors are taking another look at shares of Edinburgh Dragon Trust Plc (EFM.L). The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in 1978. RSI measures the magnitude and velocity of directional price movements. The data is represented graphically by fluctuating between a value of 0 and […]

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