Signal Watch : Wilder Moving Average is Below Simple MA on Shares of Alcentra European Floating Rate Income F (AEFS.L)

Following the trading signals on shares of Alcentra European Floating Rate Income F (AEFS.L), we note that the twenty one day Wilder Moving Average is currently under the 50 day Simple Moving Average. Traders may use this reading to identify possible sluggish near-term momentum.

The 14-day ADX for Alcentra European Floating Rate Income F (AEFS.L) is standing at 26.46. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

Alcentra European Floating Rate Income F (AEFS.L) presently has a 14-day Commodity Channel Index (CCI) of -27.64. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI is currently at 47.12, the 7-day stands at 48.06, and the 3-day is sitting at 47.76.

Active traders have a wide variety of technical indicators at their disposal for completing technical stock analysis. Presently, the 14-day ATR for Alcentra European Floating Rate Income F (AEFS.L) is spotted at 0.70. First developed by J. Welles Wilder, the ATR may assist traders in determining if there is heightened interest in a trend, or if extreme levels may be signaling a reversal. Simply put, the ATR determines the volatility of a security over a given period of time, or the tendency of the security to move one direction or another.

Shares of Alcentra European Floating Rate Income F (AEFS.L) have a 7-day moving average of 100.68. Moving averages can help spot trends and price reversals. They may also be used to help find support or resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm trends.

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