Ashram Onlinecom Ltd. (ASHRAM.BO) Moves -4.92% – Union Trade Journal

Posted: May 19, 2017 at 7:42 am


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Shares ofAshram Onlinecom Ltd. (ASHRAM.BO) is moving on volatility today-4.92% or -0.06 rom the open.TheBSE listed companysaw a recent bid of1.16 on1100 volume.

Deep diving into thetechnical levels forAshram Onlinecom Ltd. (ASHRAM.BO), we note that the equitycurrently has a 14-day Commodity Channel Index (CCI) of -142.82. Active 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, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

Ashram Onlinecom Ltd.s Williams Percent Range or 14 day Williams %R currently sits at -100.00. 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 Ashram Onlinecom Ltd. (ASHRAM.BO) is sitting at 35.85. 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 RSIforAshram Onlinecom Ltd. (ASHRAM.BO) is currently at 29.47, the 7-day stands at 21.05, and the 3-day is sitting at 3.53.

By Journal Contributor

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Ashram Onlinecom Ltd. (ASHRAM.BO) Moves -4.92% - Union Trade Journal

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May 19th, 2017 at 7:42 am

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