IShares Global Clean Energy ETF (ICLN) Rises 0.2% for May 17

Andrew Cummings
May 18, 2018

A number of other institutional investors and hedge funds also recently modified their holdings of IJK.

Ishares IV Plc (IWMO.L) now has a 14-day Commodity Channel Index (CCI) of 179.33. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. The Aroon indicator, popularized by technician Tushar Chande, can be used to determine a likely direction for a particular market on several different time frames.

Investors may be looking to compare the current stock price of Plateau Energy Metals Inc. At the time of writing, the 14-day ADX for Ishares IV Plc (IWMO.L) is 11.48. A level under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The ADX alone measures trend strength but not direction.


Head-and-shoulders are one of the best chart patterns to trade. Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory.

Another recent and important iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) news was published by Nasdaq.com which published an article titled: "USD Strength Pressures Emerging Market ETFs" on May 09, 2018. The normal reading of a stock will fall in the range of 30 to 70. A reading between 0 and -20 would indicate an overbought situation.

Tracking other technical indicators, the 14-day RSI is presently standing at 60.55, the 7-day sits at 70.13, and the 3-day is resting at 86.97 for Ishares IV Plc (IWMO.L). The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The Williams %R indicator helps show the relative situation of the current price close to the period being observed. As a momentum oscillator, the RSI operates in a set range.


Transcontinental Inc. (TCL-B.TO)'s Williams Percent Range or 14 day Williams %R presently is at -14.56.

Global Healthcare Ishares ETF (IXJ) will be on trader's radar at the beginning of the upcoming session as the closing price ticked above the Parabolic SAR indicator (PSAR). The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. This is a common tool used by traders and investors to try to gauge potential reversal of a trend. Using a longer term moving average such as the 200-day may help block out the noise and chaos that is sometimes created by daily price fluctuations. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time.


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