Unusual Activity Spotted in CSL Ltd (CSL.AX)

Shares of CSL Ltd (CSL.AX) is moving on volatility today -1.01% or -1.33 from the open. The ASX listed company saw a recent bid of 130.95 on 657120 volume.

At times, stock market volatility can wreak havoc on investors. When the market becomes highly volatile, investors may get the jitters and think they need to rush to action. In the heat of the moment, it can be tricky to see the clear skies in the distance. Investors may be best served at times to just let the cards fall where they may and not try to be a hero and drastically change the portfolio. Following a solid plan may allow investors to lay off the gas when times get tough. If the research is well done and the plan is in place, sticking to the plan might be the call. Of course nobody wants to see a significant drop in the value of stocks that they own. Being able to see the overall picture when the markets become turbulent may allow the investor to move forward with confidence.

CSL Ltd’s Williams Percent Range or 14 day Williams %R currently sits at -28.53. 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 CSL Ltd (CSL.AX) is sitting at 14.32. 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.

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 CSL Ltd (CSL.AX) is currently at 56.46, the 7-day stands at 60.77, and the 3-day is sitting at 53.86.

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