Unusual Activity Spotted in VS 3X Gold (UGLD) and Avis Budget Group I (CAR)

VS 3X Gold (UGLD) shares are moving today on volatility -2.99% or $-0.32 from the open. The NASDAQ listed company saw a recent bid of $10.40 and 516373 shares have traded hands in the session.

Making smart choices when picking stocks is typically a top priority for successful investors. For new investors with little market knowledge, this can be challenging. Figuring out how to start building the stock portfolio may take a lot of time and effort. When the individual investor decides that they want to manage their own portfolio and make their own trades, the journey has just begun. Many individuals will be tempted to pursue stock trading plans based on advice from friends, colleagues, or family members. Even though certain plans may work for someone else, there is no guarantee that success will transfer to others. Investors often need to do their own research in order to obtain as much knowledge as possible before diving in to the markets.

VS 3X Gold’s Williams Percent Range or 14 day Williams %R currently sits at -93.33. 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.

Currently, the 14-day ADX for VS 3X Gold (UGLD) is sitting at 12.16. 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.

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, the 14-day RSIfor VS 3X Gold (UGLD) is currently at 42.34, the 7-day stands at 35.49, and the 3-day is sitting at 16.82.

Needle moving action has been spotted in Avis Budget Group I (CAR) as shares are moving today on volatility 0.77% or 0.29 from the open. The NASDAQ listed company saw a recent bid of 38.13 and 515958 shares have traded hands in the session.

Many traders use technical analysis to make stock trading decisions. One of the most popular technical indicators is the moving average. Moving averages are versatile and can be used to smooth out stock price fluctuations. Moving averages can be used to help determine underlying trends and to spot early stage directional changes. Moving averages can be observed from various time periods. Depending on the time frame used when monitoring moving averages, investors may look to identify buy and sell signals based on stock price crossovers of a particular MA. Many traders will use MA indicators alongside other technical indicators to help spot the best positions for entry and exit points.

Currently, the 14-day ADX for Avis Budget Group I (CAR) is sitting at 28.52. 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. 

Avis Budget Group I (CAR) currently has a 14-day Commodity Channel Index (CCI) of 166.10. 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. 

After a recent check, Avis Budget Group I’s  14-day RSI is currently at 57.36, the 7-day stands at 71.38, and the 3-day is sitting at 92.13.

Taking a deeper look into the technical levels of Avis Budget Group I (CAR), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -4.20. 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.

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