RCI in Focus For S&P 500 Info Tech Sector SPDR (XLK)

RCI in Focus For S&P 500 Info Tech Sector SPDR (XLK)

Company shares of S&P 500 Info Tech Sector SPDR (XLK) have seen the Rank Correlation Indicator climb higher over the past 3 trading days, suggesting that it could be nearing a turning point if the reading crosses the 80 mark.   The Rank Correlation Indicator, or RCI will find the highest high and the lowest low with a given range and will find out if the security is over or undervalued. It is […]

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Capital Publications Ltd (8155.HK)’s Rank Correlation Trending Higher

Capital Publications Ltd (8155.HK)’s Rank Correlation Trending Higher

Shares of Capital Publications Ltd (8155.HK) are nearing some key technical levels as the Rank Correlation indicator has trending higher over the past few sessions, nearing potential overbought territory.  Crossing the 80 mark would suggest that a chance of a reversal is increasing.  The Rank Correlation Index (RCI) is based on an analysis algorithm by Charles Spearman. It uses a combination of price change data and time change data to identify […]

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Drilling Down into the Technicals & Valuation For Keras Resources Plc (KRS.L)

Drilling Down into the Technicals & Valuation For Keras Resources Plc (KRS.L)

Company shares of Keras Resources Plc (KRS.L) have seen the Rank Correlation Indicator climb higher over the past 3 trading days, suggesting that it could be nearing a turning point if the reading crosses the 80 mark.   The Rank Correlation Indicator, or RCI will find the highest high and the lowest low with a given range and will find out if the security is over or undervalued. It is very much like […]

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Medifirst Solutions (MFST) Shares RCI Trending Higher

Medifirst Solutions (MFST) Shares RCI Trending Higher

Medifirst Solutions (MFST) shares are being closely watched as the Rank Correlation Indicator has shown an upward 3 bar near-term trend, indicating that a reversal might be near.  If the shares reach the +80 level, this would signify that the shares have entered overbought territory.   The indicator Spearman Rank Correlation Index’s (RCI) is a statistical oscillator based on the correlation model provided by the mathematician Charles Spearman. The indicator shows […]

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RCI in Focus For Sunway International Holdings Ltd (0058.HK)

RCI in Focus For Sunway International Holdings Ltd (0058.HK)

Company shares of Sunway International Holdings Ltd (0058.HK) have seen the Rank Correlation Indicator climb higher over the past 3 trading days, suggesting that it could be nearing a turning point if the reading crosses the 80 mark.   The Rank Correlation Indicator, or RCI will find the highest high and the lowest low with a given range and will find out if the security is over or undervalued. It is very much […]

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Chartists Hone In On Sunshine Oilsands Ltd (2012.HK)’s Rank Correlation Indicator

Chartists Hone In On Sunshine Oilsands Ltd (2012.HK)’s Rank Correlation Indicator

Shares of Sunshine Oilsands Ltd (2012.HK) are nearing some key technical levels as the Rank Correlation indicator has trending higher over the past few sessions, nearing potential overbought territory.  Crossing the 80 mark would suggest that a chance of a reversal is increasing.  The Rank Correlation Index (RCI) is based on an analysis algorithm by Charles Spearman. It uses a combination of price change data and time change data to identify […]

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What Are the Technicals Suggesting For Core MSCI Emerging Mkts Ishares (IEMG)?

What Are the Technicals Suggesting For Core MSCI Emerging Mkts Ishares (IEMG)?

Shares of Core MSCI Emerging Mkts Ishares (IEMG) are nearing some key technical levels as the Rank Correlation indicator has trending higher over the past few sessions, nearing potential overbought territory.  Crossing the 80 mark would suggest that a chance of a reversal is increasing.  The Rank Correlation Index (RCI) is based on an analysis algorithm by Charles Spearman. It uses a combination of price change data and time change data […]

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Marvell Tech Group (MRVL) RCI Trending Higher Last Few Sessions

Marvell Tech Group (MRVL) RCI Trending Higher Last Few Sessions

Marvell Tech Group (MRVL) shares are being closely watched as the Rank Correlation Indicator has shown an upward 3 bar near-term trend, indicating that a reversal might be near.  If the shares reach the +80 level, this would signify that the shares have entered overbought territory.   The indicator Spearman Rank Correlation Index’s (RCI) is a statistical oscillator based on the correlation model provided by the mathematician Charles Spearman. The indicator […]

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What Are the Technicals Suggesting For Infineon Technologies AG (IFX.DE)?

What Are the Technicals Suggesting For Infineon Technologies AG (IFX.DE)?

Shares of Infineon Technologies AG (IFX.DE) are nearing some key technical levels as the Rank Correlation indicator has trending higher over the past few sessions, nearing potential overbought territory.  Crossing the 80 mark would suggest that a chance of a reversal is increasing.  The Rank Correlation Index (RCI) is based on an analysis algorithm by Charles Spearman. It uses a combination of price change data and time change data to identify […]

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Taking a Glance Under the Hood at Als Limited (ALQ.AX) Shares

Taking a Glance Under the Hood at Als Limited (ALQ.AX) Shares

Als Limited (ALQ.AX) shares are being closely watched as the Rank Correlation Indicator has shown an upward 3 bar near-term trend, indicating that a reversal might be near.  If the shares reach the +80 level, this would signify that the shares have entered overbought territory.   The indicator Spearman Rank Correlation Index’s (RCI) is a statistical oscillator based on the correlation model provided by the mathematician Charles Spearman. The indicator shows […]

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