What is the Schaff Indicator Suggesting For Nxt-Id Inc (NXTD)?

NxtId Inc (NXTD) shares have seen their Schaff Trend Cycle gradually downtrend this week over the past few sessions. While this indicates negative …

Nxt-Id Inc (NXTD) shares have seen their Schaff Trend Cycle gradually downtrend this week over the past few sessions. While this indicates negative price momentum, it also suggests that if the reading moves into oversold territory (STC of 30), then the liklihood of a reversal greatly increases. Investors will be watching very closely over the next few days to see if the trend contiunes or reverses.

The Schaff Trend Cycle (STC) indicator combines the common indicators of MACD & Stochastic. The benefit of the Schaff Trend Cycle is that it is meant to be quicker than the standard macd and stochastic signals. The indicator uses similar methods to a MACD i.e uses exponetial moving averages but applies a cycle factor to them. Then the ‘price’ is smoothed using a mofidied Wilders’ smoothing algorithm. The Schaff Trend Cycle indicator fluctuates between 0 and 100. Readings below 20 are considered oversold while readings above 80 are considered overbought. The STC indicator fluctuates between 0 and 100. Readings below 20 are considered oversold while readings above 80 are considered overbought.

With the stock market trading at current levels, investors may be tossing around ideas about how to trade the next few quarters. As we slip further into the second half of the year, investors may be assessing the latest earnings reports and trying to calculate the future prospects of certain stocks. Finding bargain stocks at current levels may be much harder than spotting hidden gems when markets are down. Plowing through the fundamentals may help sort out some of the questions that investors may have that come along with trading at these levels. Investors may have to do a little more homework in order to identify that next great trade, but the rewards may be well worth the extra time and effort.

Turning to some additional metrics for Nxt-Id Inc (NXTD), we note that the shares currently have a 50-day Moving Average of 0.63, the 200-day Moving Average is 0.88, and the 7-day is noted at 0.41. Following moving averages with different time frames may help offer a wide variety of stock information. A longer average like the 200-day may serve as a smoothing tool when striving to evaluate longer term trends. On the flip side, a shorter MA like the 50-day may help with identifying shorter term trading signals. Moving averages may also function well as a tool for determining support and resistance levels.

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Investors will most likely make plenty of mistakes when dealing with the equity market. Learning from these mistakes is what will propel the individual forward. Those who don’t learn from their mistakes are destined to repeat, and failure might be right around the corner. Every investor strives to spot that uncovered stock before it explodes. However, chasing returns from big winners that have already made their moves may end up leaving the investor befuddled. Even though a stock has been hot, there is no guarantee that it will stay hot. Many investors may get stock tips from friends or colleagues. Of course the tips may be legitimate, but they could just be irrelevant. When it comes to stock picking strategies, investors might be best served to make sure that they have done the actual research themselves. Making trades based on tips or rumors may place the investor in a tough spot for future market success.

Traders may be relying in part on technical stock analysis. Nxt-Id Inc (NXTD) currently has a 14-day Commodity Channel Index (CCI) of -72.72. Despite the name, CCI can be used on other investment tools such as stocks. The CCI was designed to typically stay within the reading of -100 to +100. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally.

At the time of writing, the 14-day ADX for Nxt-Id Inc (NXTD) is 37.02. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI). Some analysts believe that the ADX is one of the best trend strength indicators available.

The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in 1978. RSI measures the magnitude and velocity of directional price movements. The data is represented graphically by fluctuating between a value of 0 and 100. The indicator is computed by using the average losses and gains of a stock over a certain time period. RSI can be used to help spot overbought or oversold conditions. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. A level of 50 would indicate neutral market momentum. The 14-day RSI is currently sitting at 28.07, the 7-day is at 28.05, and the 3-day is spotted at 42.36.

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An Important Direct Line Insurance Gr ($DLG) Review (2019-08-13)

On its latest session, Direct Line Insurance Gr ($DLG) opened at 297.6, reaching a high of 299.8 and a low of 293.4 before closing at a price of 293.4.

REPORTING FOR 2019-08-13 | THEBUNSENBURNER.COM: With the assistance of the Beat The Market Analyzer software and our own in-house methods, we have conducted a deep analysis of how DLG has been trading over the last 2 weeks and the past day especially. On its latest session, Direct Line Insurance Gr ($DLG) opened at 297.6, reaching a high of 299.8 and a low of 293.4 before closing at a price of 293.4. There was a total volume of 4010985.

VOLUME INDICATORS: We saw an accumulation-distribution index of 2218.71169, an on-balance volume of 296.6, chaikin money flow of 4.81818 and a force index of 25.92. There was an ease of movement rating of -0.00035, a volume-price trend of -30.55259 and a negative volume index of 1000.0. What do these volume indicators mean for DLG? Click here for an explanation.

VOLATILITY: We noted an average true range of 3.65759, bolinger bands of 298.18553, an upper bollinger band of 291.11447, lower bollinger band of 293.4, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 296.93333, high band keltner channel of 294.73333, low band keltner channel of 299.13333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 293.4, a donchian channel low band of 293.4, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for DLG? Click here for an explanation.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.05609, a MACD signal of 0.03116, a MACD difference of 0.02493, a fast Exponential Moving Average (EMA) indicator of 293.4, a slow Exponential Moving Average (EMA) indicator of 293.4, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.3988, a trix of -8.1569, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 34.57099, a KST Oscillator (KST) of -105.40868 and a KST Oscillator (KST Signal) of -105.40868 (leaving a KST difference of 1.90566). We also found an Ichimoku rating of 298.7, an Ichimoku B rating of 298.7, a Ichimoku visual trend A of 328.0355, an Ichimoku visual trend B of 324.434, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0. What do these trend indicators mean for DLG? Click here for an explanation.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.34405, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -22.71841, a stochastic oscillator of 290.90909, a stochastic oscillator signal of 290.90909, a Williams %R rating of 190.90909 and an awesome oscillator of 1.51. What do these momentum indicators mean for DLG? Click here for an explanation.

RETURNS: There was a daily return of -10.54087, a daily log return of 0.84847 and a cumulative return of 0.85208.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-08-13 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Direct Line Insurance Gr ($DLG)…

For a more complete analysis, run all of this through the BTMA software.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Direct Line Insurance Gr ($DLG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Franco Germanio

Franco Germanio

I am a PhD in Mathematics and perform comprehensive technical analysis on stocks.

3898 Forest Drive, Mclean VA 22101

Ph: 703-918-6381

franco@thebunsenburner.com

Franco Germanio

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Ethereum Price (ETH) Resumes Decline, Bears Eye Fresh Lows

Ethereum price is trading in a bearish zone versus the US Dollar and bitcoin. ETH price could continue to slide and it seems like the price might even …

  • ETH price failed to surpass the key $215 resistance area and declined again against the US Dollar.
  • Ethereum price is now trading below the $214 level with a bearish angle.
  • Yesterday’s highlighted key ascending channel with support near $213 was breached on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair is likely to extend its decline towards the $200 support area in the near term.

Ethereum price is trading in a bearish zone versus the US Dollar and bitcoin. ETH price could continue to slide and it seems like the price might even break $200.

Ethereum Price Analysis

Yesterday, we saw an upside correction in ETH price above the $210 resistance against the US Dollar. Bitcoin price also recovered above $11,400, but it failed to gain momentum above the $11,500 resistance. Ether’s price topped near the $215 and $216 resistance levels and recently moved low. Moreover, the price failed to clear the 61.8% Fib retracement level of the decline from the $226 high to $201 swing low.

The recent decline was such that the price broke the $214 support and the 100 hourly simple moving average. Additionally, there was a break below the 23.6% Fib retracement level of the recovery from the $201 low to $216 swing high. More importantly, yesterday’s highlighted key ascending channel with support near $213 was breached on the hourly chart of ETH/USD.

The price tested the $209 level, which represents the 50% Fib retracement level of the recovery from the $201 low to $216 swing high. If there are further losses, the price could test the $205 support level. The main support on the downside is near the $200 and $201 levels. If the bears succeed in pushing the price below $200, there could be heavy losses in the near term.

On the upside, an immediate resistance is near the $214 level and the 100 hourly SMA. The main resistance is near the $216 area. A successful break above the $216 area is likely to open the doors for decent gains in the coming sessions. The next resistance on the upside is near the $220 area.

Ethereum Price Analysis ETH ChartEthereum Price Analysis ETH Chart

Looking at the chart, Ethereum price seems to be trading in a bearish zone below the $215 and $216 levels. Therefore, there is a risk of more downsides below the $208 and $205 levels. Furthermore, if the $200 support fails to hold losses, the bulls might come under a lot of pressure in the near term.

ETH Technical Indicators

Hourly MACDThe MACD for ETH/USD is still placed in the bullish zone.

Hourly RSIThe RSI for ETH/USD is currently recovering towards the 45 level.

Major Support Level – $208

Major Resistance Level – $216

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BREAKING: Important News On Ethereum Classic Investment Trust (ETCG) (2019-08-12)

Firstly, if you are interested in OTC stocks like Ethereum Classic Investment Trust, you will be doing yourself a massive favor by joining the Trader HR …

Firstly, if you are interested in OTC stocks like Ethereum Classic Investment Trust, you will be doing yourself a massive favor by joining the Trader HR chat room (the people there are experts at tricky stocks like this), so do that now – we also strongly recommend Microcap Millionaires where you can learn how to profit hugely off lesser known OTC stocks (what you find there is much more interesting than ETCG, in our view). These recommendations are current as of 2019-08-12. Now onto the news and analysis.

REPORTING FOR 2019-08-12 | BUNDESPREMIERLEAGUE.COM: We have conducted a deep analysis of how Ethereum Classic Investment Trust (ETCG) has been trading over the last 2 weeks and the past day especially. On its latest session, Ethereum Classic Investment Trust (ETCG) opened at 14.0, reaching a high of 14.7 and a low of 14.0 before closing at a price of 14.37. There was a total volume of 25200.

VOLUME INDICATORS: We saw an accumulation-distribution index of 155.55067, an on-balance volume of -14.02, chaikin money flow of 1.0 and a force index of 0.065. There was an ease of movement rating of -0.01505, a volume-price trend of -3.18354 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 1.92842, bolinger bands of 14.36569, an upper bollinger band of 13.23431, lower bollinger band of 14.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 14.23333, high band keltner channel of 13.53333, low band keltner channel of 14.93333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 14.0, a donchian channel low band of 14.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.00897, a MACD signal of -0.00499, a MACD difference of -0.00399, a fast Exponential Moving Average (EMA) indicator of 14.0, a slow Exponential Moving Average (EMA) indicator of 14.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.16881, a trix of -26.02091, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 4.18075, a KST Oscillator (KST) of -229.95476 and a KST Oscillator (KST Signal) of -229.95476 (leaving a KST difference of -5.50032). We also found an Ichimoku rating of 14.35, an Ichimoku B rating of 14.35, a Ichimoku visual trend A of 21.80251, an Ichimoku visual trend B of 25.17142, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 34.73111, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -20.11061, a stochastic oscillator of 100.0, a stochastic oscillator signal of 100.0, a Williams %R rating of -50.0 and an awesome oscillator of 0.162.

RETURNS: There was a daily return of -22.99548, a daily log return of -2.89875 and a cumulative return of -2.85714.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-08-12 (if you are reading this later, the analysis will be out of date), our analysis of technical indicators for Ethereum Classic Investment Trust (ETCG) is telling us that this is a reasonably healthy chart worth considering for a short-term long. Please comment if you disagree with this conclusion or if you find any errors in the analysis above.

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on Ethereum Classic Investment Trust, we strongly advise Ethereum Classic Investment Trust investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on Ethereum Classic Investment Trust and any other stocks you want – without this you are trading blind:

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Ethereum Classic Investment Trust (ETCG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Anthony Rankin

Anthony Rankin

I am Anthony Rankin and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions.

I am the driving force behind BPL and a professional daytrader. I will be providing technical analysis of various stocks on BPL.

Anthony Rankin

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Looking Into What Made Laredo Petroleum, Inc. (LPI) Add More Than 2.97 Percent Today

An interesting stock that came up in some of our conversations today is Laredo Petroleum, Inc. (NYSE:LPI). At current price of $2.77, the shares have …

An interesting stock that came up in some of our conversations today is Laredo Petroleum, Inc. (NYSE:LPI). At current price of $2.77, the shares have already added 0.08 points (2.97% higher) from its previous close of $2.69. Should you buy or avoid them? The stock sets an active trading volume day with a reported 2935740 contracts so far this session. LPI shares had a relatively better volume day versus average trading capacity of 5.56 million shares, but with a 0.18 billion float and a -11.8% run over a week, it’s definitely worth keeping an eye on. The one year price forecast for LPI stock indicates that the average analyst price target is $4.75 per share. This means the stock has a potential increase of 71.48% from where the LPI share price has been trading recently which is between $2.68 and $2.8559. There are some brokerage firms that offer lower targets than the average, with one of them, even setting their price target at $3.

The most recent news story about the stock that appeared in Yahoo Finance‘s news section was titled “These 4 Measures Indicate That Laredo Petroleum (NYSE:LPI) Is Using Debt Extensively” and dated August 05, 2019.

During the recent trading session for Laredo Petroleum, Inc. (NYSE:LPI), the company witnessed their stock drop by $-0.04 over a week and tumble down $-0.24 from the price 20 days ago. When compared to their established 52-week high of $9.03, the high they recorded in their recent session happens to be lower. Their established 52-week high was attained by the company on 09/24/18. The recent low of $2.38 stood for a -69.32% since 08/07/19, a data which is good for most investors who are looking to take advantage of the stock’s recent rise. A beta of 1.58 is also allocated to the stock. Since the beta is greater than one, it implies that the stock is more volatile than the market, a data that traders are keeping close attention to.

Looking at the current readings for Laredo Petroleum, Inc., the two-week RSI stands at 48.02. This figure suggests that LPI stock, for now, is neutral, meaning that the shares are stable in terms of price movement. The stochastic readings, on the other hand, based on the current LPI readings is similarly very revealing as it has a stochastic reading of 32.06% at this stage. This figure means that LPI share price today is being neutral.

Technical chart claims that Laredo Petroleum, Inc. (LPI) would settle between $2.8/share to $2.92/share level. However, if the stock price goes below the $2.63 mark, then the market for Laredo Petroleum, Inc. becomes much weaker. If that happens, the stock price might even plunge as low as $2.57 for its downside target. The stock is currently in the red zone of MACD, with the indicator reading -0.14. Traders are always alerted for the move of a stock above or below the zero line due to the fact that the reading is an indicator of the position of the short-term average relative to the long-term average. If the MACD is above the zero line, then the short-term average relative is above that of the long-term average, thus implying an upward momentum. Vice versa is the case if the MACD is below the zero line.

Analysts at JP Morgan raised their recommendation on shares of LPI from Underweight to Neutral in their opinion released on July 31. Credit Suisse analysts bumped their rating on Laredo Petroleum, Inc. (NYSE:LPI) stock from Underperform to Neutral in a separate flash note issued to investors on July 10. Analysts at Williams Capital Group released an upgrade from Hold to Buy for the stock, in a research note that dated back to May 16.

LPI equity has an average rating of 2.57, with the figure leaning towards a bullish end. 14 analysts who tracked the company were contacted by Reuters. Amongst them, 9 rated the stock as a hold while the remaining 5 were split even though not equally. Some analysts rate the stock as a buy or a strong buy while others rated it as a sell. 4 analysts rated Laredo Petroleum, Inc. (NYSE:LPI) as a buy or a strong buy while 1 advised that investors should desist from purchasing the stock or sell them if they already own the company’s stock.

Moving on, LPI stock price is currently trading at 3.2X forward 12-month Consensus EPS estimates, and its P/S ratio is 4.2 while for the average stock in the same group, the multiple is 97.25. Laredo Petroleum, Inc. current P/E ratio of 25.35 means it is trading at a premium against its industry’s 14.68. In the past 5 years, this ratio for the stock has been fluctuating between 5.59 and 37.69.

Laredo Petroleum, Inc. (LPI)’s current-quarter revenues are projected to climb by nearly -28.75% to hit $199330, based on current Zacks Consensus Estimate. The firm’s full-year revenues are expected to expand by over -27.59% from $1.11 billion to a noteworthy $800700. At the other end of the current quarter income statement, Laredo Petroleum, Inc. is expected to see its adjusted earnings surge by roughly -29.63% to hit $0.19 per share. For the fiscal year, LPI’s earnings are projected to climb by roughly -18.28% to hit $0.76 per share.

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