Lynas Moves !!!, page-2

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gurnz1

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23/06/17

20:50

Post #: 25463376
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Originally posted by goldrain ↑

Needle moving action has been spotted in Lynas Corp Ltd (LYC.AX) as shares are moving today on volatility 4.21% or 0.004 from the open. The ASX listed company saw a recent bid of 0.099 and 25880000 shares have traded hands in the session.
Investors might be trying to figure out an investment plan that is right for them. Some may opt to go with a short-term plan, and others may choose to invest in stocks for the long haul. The thought of creating a defined plan may be overwhelming to some. Comparing the plusses and minuses of both may be a good way to start forming a strategy. Investing for the short-term may offer chances to capitalize on gains over a few weeks or months. There may be more fluctuations to deal with in the short-term, but the rewards may be greater if managed properly. One drawback of investing for the short-term is that it may involve more risk. The element of correct timing comes into play when trying to enter or exit a position, which may not be for everyone. Investing for the long-term may be a safer way to go as investors are typically looking for smaller gains over a longer period of time.
Taking a deeper look into the technical levels of Lynas Corp Ltd (LYC.AX), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -5.00. 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.
Lynas Corp Ltd (LYC.AX) currently has a 14-day Commodity Channel Index (CCI) of 127.09. 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, Lynas Corp Ltd’s 14-day RSI is currently at 70.88, the 7-day stands at 79.21, and the 3-day is sitting at 87.26.
Currently, the 14-day ADX for Lynas Corp Ltd (LYC.AX) is sitting at 62.58. 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.

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LYC Price at posting: 10.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last $7.69		Change 0.080(1.05%)		Mkt cap ! $7.187B

Open	High	Low	Value	Volume
$7.67	$7.78	$7.63	$9.690M	1.258M

Buyers (Bids)

No.	Vol.	Price($)
4	46595	$7.68

Sellers (Offers)

Price($)	Vol.	No.
$7.69	45838	3

View Market Depth

No.	Vol.	Price($)
2	33573	7.680
4	23723	7.670
1	10000	7.640
2	6868	7.630
1	878	7.620

Price($)	Vol.	No.
7.690	45456	2
7.750	8773	2
7.760	13624	1
7.770	14656	2
7.780	13948	2

Last trade - 16.10pm 07/10/2024 (20 minute delay)

LYC (ASX) Chart

Lynas Moves !!!, page-2

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Lynas Moves !!!, page-2

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