Australian Vanadium Ltd (AVLO.AX): Monitoring the Indicators

Date: Nov 27, 2017
After a recent check, we have noticed that the Chaikin Oscillator is above zero for Australian Vanadium Ltd (AVLO.AX). Traders may be paying close attention to the stock and looking out for possible bullish momentum.

Interested investors may be watching the Williams Percent Range or Williams %R. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. Australian Vanadium Ltd (AVLO.AX)’s Williams Percent Range or 14 day Williams %R currently sits at -50.00. In general, if the indicator goes above -20, the stock may be considered overbought. Alternately, if the indicator goes below -80, this may point to the stock being oversold.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI is presently standing at 55.90, the 7-day is 57.11, and the 3-day is resting at 65.62.

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