Stock Watch: Vanadium One Energy Corp (VONE.V) Higher 7.69% Over the Last Month
Date: Jun 14, 2018
Vanadium One Energy Corp (VONE.V) shares are currently showing up on the list of gainers over the past month. During that time period, shares have seen a rise of 7.69%. Heading back 6 months, shares have seen moved -6.67%. Going a bit further, shares have moved -17.65% over the last full-year. Taking a much closer look, shares have moved 0.00% over the last week.
Trading the stock market can sometimes feel like a wild roller coaster ride. When stocks are soaring, investors may feel like they can’t lose. When markets are sinking, investors may feel like there is nothing that they can do. Individual investors may have experienced both ends of the spectrum. Sometimes, an investor may secure some winning trades right out of the gate. This may cause the individual to become overconfident in their ability. Markets have the ability to shoot down overconfidence very quickly. On the other side, investors may only experience losses right off the bat and become highly discouraged. Figuring out how to manage winners and losers can big a big help to the investor’s psyche in the long-term. Frequently assessing which trades worked and examining why they worked may greatly assist the investor. The same can be said for trades that did not pan out.
Investors may use various technical indicators to help spot trends and buy/sell signals. Presently, Vanadium One Energy Corp (VONE.V) has a 14-day Commodity Channel Index (CCI) of 39.55. The CCI was developed by Donald Lambert. The assumption behind the indicator is that investment instruments move in cycles with highs and lows coming at certain periodic intervals. The original guidelines focused on creating buy/sell signals when the reading moved above +100 or below -100. Traders may also use the reading to identify overbought/oversold conditions.
Traders may also be paying close attention to RSI levels on shares of Vanadium One Energy Corp (VONE.V). The current 14-day RSI is presently sitting at 53.89, the 7-day is 55.26, and the 3-day is 60.27. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is heading lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Traders may use these levels to help identify stock price reversals.
