HSBC Holdings plc Reiterates Reduce Rating for Standard Chartered PLC (STAN)

Cornelia Mascio
Settembre 22, 2017

About 1.57 million shares traded.

Investors may be intent on creating unique strategies when approaching the equity markets. Returns on investments may come in different forms. This may involve creating a diversified stock portfolio. Of course, the stock may go up and become a victor, or shares could sour and turn into losers. Returns in the stock market may often mimic the amount of risk. With the greater chance of reward comes the greater chance of losses. Currently, Standard Chartered Bank Zambia PLC (SCZ) has a 14-day Commodity Channel Index (CCI) of 38.86.

Traders may be leaning on technical stock analysis to help with investing decisions. 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. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. The Relative Strength Index (RSI) is a highly popular technical indicator. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". The RSI may be useful for spotting abnormal price activity and volatility. As a momentum oscillator, the RSI operates in a set range. 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.

Keeping an eye on Moving Averages, the 50-day is 781.11, the 200-day is at 749.46, and the 7-day is 740.96 for Standard Chartered PLC (STAN.L).

CRH PLC's Williams Percent Range or 14 day Williams %R now sits at -31.41. The Williams %R oscillates in a range from 0 to -100. Traders may be using a PPOH reading below zero as a sell indicator. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal. Developed by Larry Williams, this indicator helps spot overbought and oversold market conditions. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Standard Chartered PLC (STAN.L)'s Williams Percent Range or 14 day Williams %R is sitting at -79.47. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend. Some analysts believe that the ADX is one of the best trend strength indicators available. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI).

Shares of Ultrapar Participacoes SA (UGP) are moving on volatility today -0.32% or $-0.08 from the open. The LSE listed company saw a recent bid of $2726.00 and 1495138 shares have traded hands in the session.

Many investors enter the stock market without a plan in place. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. Being able to adapt to rapidly changing market environments may turn out to be immensely important when the winds of uncertainty blow in.

Vanguard Scottsdale Funds Short Term Corporate Bond Etf's Williams Percent Range or 14 day Williams %R now sits at -87.18.

Currently, the 14-day ADX for Ultrapar Participacoes SA (UGP) is sitting at 36.37. After a recent check, the 14-day RSIfor Vanguard Scottsdale Funds Short Term Corporate Bond Etf (VCSH) is now at 40.46, the 7-day stands at 31.88, and the 3-day is sitting at 29.46.

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