China Dredging Environment Protection Holdings Ltd (0871.HK) shares are moving today on volatility -1.30% or -0.005 from the open. The HKSE listed company saw a recent bid of 0.38 and 120000 shares have traded hands in the session.
Buying and selling decisions can be crucial when managing the stock portfolio. It may be very difficult to keep emotions in check when making these important decisions. Sometimes, investors will become attached to a stock that had been thoroughly researched. Maybe the stock went on a run, but it has started to underperform. Investors may need to be able to sell that favorite stock when the time has come. Holding onto winners too long can eat up portfolio profits over the longer-term. Investors may opt to set up a list of criteria that they can follow in order to know when it is time to sell a stock that hasn’t been making the grade.
Digging deeping into the China Dredging Environment Protection Holdings Ltd (0871.HK) ‘s technical indicators, we note that the Williams Percent Range or 14 day Williams %R currently sits at -36.84. 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.
China Dredging Environment Protection Holdings Ltd (0871.HK) currently has a 14-day Commodity Channel Index (CCI) of 87.45. 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.
Currently, the 14-day ADX for China Dredging Environment Protection Holdings Ltd (0871.HK) is sitting at 37.09. 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.
Investors are commonly striving to make the best possible decisions when picking stocks. This may involve doing plenty of market research. Keeping track of all the different company and global economic news can be head spinning at times. Investors who are able to stay focused and keep the important data at the forefront might be able to build a solid foundation for making those tough investment decisions in the future. Investors who continuously pick stocks without doing the proper research and analysis may find themselves in a pickle when the going gets tough.
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 RSI for China Dredging Environment Protection Holdings Ltd is currently at 65.85, the 7-day stands at 66.78, and the 3-day is sitting at 58.01.