Tracking the signals for VOYA Risk Managed Natural Resources Fund (IRR), we have seen that the twenty one day Wilder Moving Average is presently below the fifty day Simple Moving Average. Traders following this line may be looking for potential sluggish near-term momentum.
Traders may be narrowing in on the ATR or Average True Range indicator when reviewing technicals. At the time of writing, VOYA Risk Managed Natural Resources Fund (IRR) has a 14-day ATR of 0.09. 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 the ATR was not designed to determine price direction or to predict future prices.
Traders are paying renewed attention to shares of VOYA Risk Managed Natural Resources Fund (IRR). The current 14-day RSI is presently sitting at 56.42, the 7-day is 65.36, and the 3-day is 72.37. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is heading lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Traders may use these levels to help identify stock price reversals.
Currently, VOYA Risk Managed Natural Resources Fund (IRR) has a 14-day Commodity Channel Index (CCI) of 76.42. The CCI technical indicator can be employed to help figure out if a stock is overbought or oversold. CCI may also be used to aid in the discovery of divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal.
Checking in on moving averages, the 200-day is at 6.24, the 50-day is 6.35, and the 7-day is sitting at 6.32. Moving averages may be used by investors and traders to shed some light on trading patterns for a specific stock. Moving averages can be used to help smooth information in order to provide a clearer picture of what is going on with the stock. Technical stock analysts may use a combination of different time periods in order to figure out the history of the equity and where it may be headed in the future. MA’s can be calculated for any time period, but two very popular time frames are the 50-day and 200-day moving averages.
Let’s take a further look at the Average Directional Index or ADX. The ADX measures the strength or weakness of a particular trend. Investors and traders may be looking to figure out if a stock is trending before employing a specific trading strategy. The ADX is typically used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) which point to the direction of the trend. The 14-day ADX for VOYA Risk Managed Natural Resources Fund (IRR) is currently at 19.76. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend.