Trading Notebook: Ultimate Oscillator Located Under 40 for The J.G. Wentworth Company (JGWE)

Trading Notebook: Ultimate Oscillator Located Under 40 for The J.G. Wentworth Company (JGWE)

Looking further at shares of The J.G. Wentworth Company (JGWE), we have seen that the Ultimate Oscillator reading is currently below 40. Traders tracking this signal may be watching to see if the stock may possibly be heading into oversold territory.  The 14-day ADX for The J.G. Wentworth Company (JGWE) is currently 16.14. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A reading […]

Read More ˃
Technical Focus: Tracking Shares of Sareum Holdings Plc (SAR.L)

Technical Focus: Tracking Shares of Sareum Holdings Plc (SAR.L)

After a recent market check, we have noted that the Ultimate Oscillator reading is under 40 on shares of Sareum Holdings Plc (SAR.L). Technical analysts may be watching the UO reading to identify oversold conditions. The Williams Percent Range or Williams %R is a technical indicator that was designed to measure overbought and oversold market conditions. The Williams %R indicator helps show the relative situation of the current price close […]

Read More ˃
Technical Views: Tracking the Numbers on Shares of Li & Fung Ltd (0494.HK)

Technical Views: Tracking the Numbers on Shares of Li & Fung Ltd (0494.HK)

Monitoring the levels for Li & Fung Ltd (0494.HK), we have made a note that the UO level is presently below 40. With the UO reading below 40, traders may be keeping an eye on the possibility that the stock is potentially in oversold territory. 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 […]

Read More ˃