Shares Seesawing on Volume: Phillips Carbon Black Limited (PHILIPCARB.NS)

Shares of Phillips Carbon Black Limited (PHILIPCARB.NS) are moving on volatility today 2.18% or 17.30 from the open. The NSE listed company saw a recent bid of 812.00 and 238834 shares have traded hands in the session.

Equity market investing has a way of provoking strong emotions. When markets become frantic, investors may feel compelled to make decisions that they might not normally make. Having the proper perspective and staying focused can help the individual investor stay committed to the previously created plan. Trying to predict the day to day movements of the stock market can be extremely difficult. Even the top professionals may get thrown for a loop every now and then. Chasing winners and holding onto losers may be a recipe for portfolio disaster over the long run. Investors who are able to stay calm and think logically should be able to better position themselves when markets become stormy.

Taking a deeper look into the technical levels of Phillips Carbon Black Limited (PHILIPCARB.NS), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -3.17. 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.

Phillips Carbon Black Limited (PHILIPCARB.NS) currently has a 14-day Commodity Channel Index (CCI) of 124.81. 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.

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, Phillips Carbon Black Limited’s  14-day RSI is currently at 78.39, the 7-day stands at 85.85, and the 3-day is sitting at 88.74.

Investors have many things to keep an eye on when trading the equity market. Riding through the ups and downs that come with market volatility may take some getting used to for beginners. Even if the investor does all the proper research and stock homework, things may not go as planned. One of the more important aspects of securing long-term success in the markets is learning how to execute a well-planned strategy all the way through to completion. Finding that right stocks to add to the portfolio may take some time and effort, but it can be accomplished. Deciding on the proper time to sell can be the trickiest part. Many investors will have the tendency to panic when markets are suffering. Although market panic may be fairly normal, it can have longer lasting adverse effects on the stock portfolio. 

Currently, the 14-day ADX for Phillips Carbon Black Limited (PHILIPCARB.NS) is sitting at 30.42. 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.

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