What's Behind the Numbers For Wisdomtree EM Ex-Soe Fund (XSOE)?
Wisdomtree EM Ex-Soe Fund (XSOE) is on traderâs radar as the shares have moved above the MACD Histogram line, indicating a bullish trend. Shares recently touched 31.85 on a recent bid.
The MACD is calculated by subtracting the value of a 26-day exponential moving average from a 12-day exponential moving average. A 9-day dotted exponential moving average of the MACD (the âsignalâ line) is then plotted on top of the MACD. Taking a step further, the MACD-Histogram, which was developed by Thomas Aspray in 1986, measures the distance between MACD and its signal line (the 9-day EMA of MACD).
Like MACD, the MACD-Histogram is also an oscillator that fluctuates above and below the zero line. Aspray developed the MACD-Histogram to anticipate signal line crossovers in MACD. Because MACD uses moving averages and moving averages lag price, signal line crossovers can come late and a ffect the reward-to-risk ratio of a trade. Bullish or bearish divergences in the MACD-Histogram can alert chartists to an imminent signal line crossover in MACD.
Additionally investors may want to examine some alternative technical indicators when studying a stock. Currently, the 14-day Commodity Channel Index (CCI) for Wisdomtree EM Ex-Soe Fund (XSOE) is sitting at 184.77. CCI is an indicator used in technical analysis that was designed by Donald Lambert. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold).
The 14-day ADX for Wisdomtree EM Ex-Soe Fund (XSOE) is currently sitting at 16.16. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of the trend.
Moving average indicators are used widely for stock analysis. Many traders will use a combination of moving averages with different time frames to help review stock trend direction. One of the more popular combinations is to use the 50-day and 200-day moving averages. Investors may use the 200-day MA to help smooth out the data a get a clearer long-term picture. They may look to the 50-day or 20-day to get a better grasp of what is going on with the stock in the near-term. Narrowing in on Moving Averages, the 200-day for Wisdomtree EM Ex-Soe Fund (XSOE) is at 28.35, the 50-day is 31.06, and the 7-day is re sting at 31.52. The RSI is computed based on the speed and direction of a stockâs price movement. 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. The RSI value will always move between 0 and 100. One of the most popular time frames using RSI is the 14-day. The 14-day RSI is presently standing at 62.11, the 7-day sits at 72.28, and the 3-day is resting at 87.55.
Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. Wisdomtree EM Ex-Soe Fund (XSOE)âs Williams %R presently stands at -18.66. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate a n overbought situation. A reading from -80 to -100 would indicate an oversold situation.Sumber: Google News | Liputan 24 Soe