Checking the Numbers for S&P 500 Industrial Sector SPDR (XLI)

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After a recent indicator scan, we have noted that Span A is now higher than Span B for shares of S&P North American Natural SPDR (NANR). The NYSE listed company saw a recent bid of 81.72 and 1756160 shares have traded hands in the session. Everyone seems to have an opinion on which way the market will move in the near-term.


U.S. utilities (IDU) now look strong, considering their moving average levels. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. Predicting the next market shift is usually near impossible. Investors may have to do all the necessary homework in order to find stocks that will thrive under any market conditions. At the time of writing, the 14-day ADX for SPDR S&P 500 High Dividend Portfolio ETF (SPYD) is 19.69. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend. SPDR S&P 500 High Dividend Portfolio ETF (SPYD)'s Williams Percent Range or 14 day Williams %R now sits at -3.53. Different time periods may be used when using the RSI indicator. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. Currently, the 7-day moving average is sitting at 36.60. The current 14-day ATR for S&P 500 Ex-Fossil Fuel ETF SPDR (SPYX) is now sitting at 0.28. Values can range from 0 to -100. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. During recent trading, shares saw a move of 0.01% hitting a price of $63.51. Mcrae Capital Management Inc. now owns 1,405 shares of the exchange traded fund's stock valued at $340,000 after purchasing an additional 13 shares in the last quarter. Because no stock is guaranteed to produce returns, there is a possibility that any stock could potentially lose value.


Investors have the option to employ a wide variety technical indicators when conducting stock research - and we will take a look at a few more here. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. 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. Many investors look to the Relative Strength Index (RSI) reading of a particular stock to help identify overbought/oversold conditions. This measurement is based on closing prices over a specific period of time. The RSI oscillates on a scale from 0 to 100. Normal oscillations tend to stay in the range of -100 to +100. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Alternately, if the indicator goes below -80, this may point to the stock being oversold.


The 14-day ADX for Vera Bradley (VRA) is standing at 15.21. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. S&P 500 Energy Sector SPDR (XLE) now has a 14 day Williams %R of -22.28. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

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