Shares of UBS ETF MSCI World Socially Resp UCITS (UC44.L) is moving on volatility today -0.47% or -31.00 from the open. The LSE listed company saw a recent bid of 6514.00 on 4 volume.
Active investors are typically trying to beat the market any way they can. When starting out, investors may be under the impression that taking profits in the stock market is easy. Although some may find this the case, the majority will realize how hard it actually is. With so much media attention focused on the day to day happenings in the stock market, it can be easy to become distracted by all the noise. Trying to time the market is rarely a recipe for success. Investors will most likely end up underwater without a focused plan. Creating and maintaining a well-balanced portfolio may take some time and effort for the novice investor to eventually accomplish.
Taking a deeper look into the technical levels of UBS ETF MSCI World Socially Resp UCITS (UC44.L), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -77.34. 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.
UBS ETF MSCI World Socially Resp UCITS (UC44.L) currently has a 14-day Commodity Channel Index (CCI) of -24.73. 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, UBS ETF MSCI World Socially Resp UCITS’s 14-day RSI is currently at 48.75, the 7-day stands at 46.53, and the 3-day is sitting at 43.74.
Currently, the 14-day ADX for UBS ETF MSCI World Socially Resp UCITS (UC44.L) is sitting at 8.30. 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.