Technical traders have a large inventory of technical indicators they may use when doing technical stock analysis. After a recent look, the 14-day ATR for Global Geoscience Ltd (GSC.AX) is resting at 0.01. First developed by J. Welles Wilder, the ATR may help traders in determining if there is heightened interest in a trend, or if extreme levels may be indicating a reversal. Simply put, the ATR determines the volatility of a security over a given period of time, or the tendency of the security to move one direction or another.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Global Geoscience Ltd (GSC.AX)’s Williams Percent Range or 14 day Williams %R is resting at -16.67. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.
Investors may use multiple technical indicators to help spot trends and buy/sell signals. Presently, Global Geoscience Ltd (GSC.AX) has a 14-day Commodity Channel Index (CCI) of 77.08. 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.
The Average Directional Index or ADX is a popular technical indicator designed to help measure trend strength. Many traders will use the ADX in combination with other indicators in order to help formulate trading strategies. Presently, the 14-day ADX for Global Geoscience Ltd (GSC.AX) is 24.44. In general, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would…