REPORTING FOR 2019-11-06 | BY ANTHONY RANKIN | CURRENCYDISPATCH.COM: Using the Beat The Market Analyzer software, we have conducted a deep analysis of how ICT GROUP has been trading over the last 2 weeks and the past day especially. On its latest session, ICT GROUP opened at 11.9, reaching a high of 11.9 and a low of 11.7 before closing at a price of 11.8. There was a total volume of 1827.0.
VOLUME INDICATORS: We saw an accumulation-distribution index of 2937.0, an on-balance volume of -55835.0, chaikin money flow of 0.02 and a force index of -0.0. There was an ease of movement rating of 0.0, a volume-price trend of 9.54 and a negative volume index of 994.39. Don’t understand this? Click here for a short rundown on volume indicators.
VOLATILITY: We noted an average true range of 0.32, bolinger bands of 13.82, an upper bollinger band of 11.48, lower bollinger band of 12.65, a bollinger high band indicator of 0.0, bollinger low band indicator of 0.0, a central keltner channel of 12.46, high band keltner channel of 12.69, low band keltner channel of 12.22, a high band keltner channel indicator of 0.0 and a low band keltner channel indicator of 0.0. There was a donchian channel high band of 13.2, a donchian channel low band of 11.8, a donchian channel high band indicator of 0.0, and a donchian channel low band indicator of 0.0. Don’t understand this? Click here for a short rundown on volatility indicators.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.18, a MACD signal of -0.09, a MACD difference of -0.08, a fast Exponential Moving Average (EMA) indicator of 12.32, a slow Exponential Moving Average (EMA) indicator of 12.5, an Average Directional Movement Index (ADX) of nan, an ADX positive of 0.0, an ADX negative of 0.0, a positive Vortex Indicator (VI) of 0.81, a negative VI of 1.1, a trend vortex difference of 0.29, a trix of -0.24, a Mass Index (MI) of 14.51, a Commodity Channel Index (CCI) of -108.61, a Detrended Price Oscillator (DPO) of 0.45, a KST Oscillator (KST) of -10.11 and a KST Oscillator (KST Signal) of 15.96 (leaving a KST difference of -26.07). We also found an Ichimoku rating of 12.42, an Ichimoku B rating of 12.42, a Ichimoku visual trend A of 12.83, an Ichimoku visual trend B of 12.83, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 48.0. That left a difference of -44.0. Don’t understand this? Click here for a short rundown on trend indicators.
MOMENTUM: We found a Relative Strength Index (RSI) of 19.73, a Money Flow Index (MFI) of 18.63, a True Strength Index (TSI) of 6.7, an ultimate oscillator of 40.49, a stochastic oscillator of 12.12, a stochastic oscillator signal of 14.14, a Williams %R rating of -87.88 and an awesome oscillator of -0.77. Don’t understand this? Click here for a short rundown on momentum indicators.
RETURNS: There was a daily return of -0.84, a daily log return of -0.84 and a cumulative return of -10.61.
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 2019-11-06 (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 ICT GROUP…
For a more complete analysis, run all of this through the BTMA software. In addition, to learn how to trade stocks like ICT GROUP much better, sign up to Trader HR and MM Publishing (two fantastic services). Also, to stay up to date with what is happening on ICT GROUP, we strongly advise ICT GROUP investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like ICT GROUP – without this you are trading blind:
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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 ICT GROUP 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.
I am the driving force behind Currency Dispatch with a vision to broaden the company’s readership throughout 2019. I am an editor and reporter of “Financial” category.
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