Technical Focus on Shares of IDBI Bank Limited (IDBI.NS)

Technical Focus on Shares of IDBI Bank Limited (IDBI.NS)

Investors and traders using technical analysis to examine stocks may be interested in taking a look at the ATR or Average True Range. Currently, IDBI Bank Limited (IDBI.NS) has a 14-day ATR of 2.29. The Average True Range is an investor tool used to measure stock volatility. The ATR is not used to figure out price direction, just to measure volatility. The ATR is an indicator developed by J. Welles […]

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Stock Check For Viji Finance Limited (VIJIFIN.NS)

Stock Check For Viji Finance Limited (VIJIFIN.NS)

Traders may be narrowing in on the ATR or Average True Range indicator when reviewing technicals. At the time of writing, Viji Finance Limited (VIJIFIN.NS) has a 14-day ATR of 0.34. The average true range indicator was created by J. Welles Wilder in order to measure volatility. The ATR may assist traders with figuring out the strength of a breakout or reversal in price. It is important to note that […]

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Watching the Charts on Shares of Motherson Sumi Systems Limited (MOTHERSUMI.NS)

Watching the Charts on Shares of Motherson Sumi Systems Limited (MOTHERSUMI.NS)

Presently, Motherson Sumi Systems Limited (MOTHERSUMI.NS) has a 14-day ATR of 9.17. The Average True Range is widely used metric that helps gauge the volatility of a particular stock. The ATR is not used to measure price direction, just to measure volatility. The ATR is an indicator developed by J. Welles Wilder. Wilder has developed multiple indicators that are still quite popular in today’s investing landscape. The general interpretation of the […]

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Shares in the Spotlight: Bharat Electronics Limited (BEL.NS)

Shares in the Spotlight: Bharat Electronics Limited (BEL.NS)

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 Bharat Electronics Limited (BEL.NS) is resting at 4.54. 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 […]

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Technicals in Focus For BHUSHAN STEEL LTD. (BHUSANSTL.BO)

Technicals in Focus For BHUSHAN STEEL LTD. (BHUSANSTL.BO)

Tracking stock levels, BHUSHAN STEEL LTD. (BHUSANSTL.BO) has a 14-day Commodity Channel Index (CCI) of -49.15. Even though the name contains the word commodity, CCI can be used on other investment tools such as stocks. The CCI was developed to typically stay within the -100 to +100 levels. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. A CCI reading above +100 would imply that […]

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