Tracking the indicators for Ishares Core SP 500 Index ETF (XUS.TO), we see that the 14 day Stochastic RSI indicator is showing signs of a possible bearish divergence. Tracking this signal, traders may be watching for a developing trend to emerge.
Investors have the ability to use technical indicators when completing stock research. At the time of writing, Ishares Core SP 500 Index ETF (XUS.TO) has a 14-day Commodity Channel Index (CCI) of -76.31. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions.
Moving average indicators are used widely for stock analysis. Many traders will use a combination of moving averages with different time frames to help review stock trend direction. One of the more popular combinations is to use the 50-day and 200-day moving averages. Investors may use the 200-day MA to help smooth out the data a get a clearer long-term picture. They may look to the 50-day or 20-day to get a better grasp of what is going on with the stock in the near-term. Presently, the 200-day moving average is at 39.50 and the 50-day is 39.67.
Technical traders have a large inventory of technical indicators they may use when doing technical stock analysis. After a recent look, the 14-day ATR for Ishares Core SP 500 Index ETF (XUS.TO) is resting at 0.28. First developed by J. Welles Wilder, the ATR may help traders in determining if there is heightened interest in a trend, or if extreme levels may be indicating a reversal. Simply put, the ATR determines the volatility of a security over a given period of time, or the tendency of the security to move one direction or another.
Currently, the 14-day ADX for Ishares Core SP 500 Index ETF (XUS.TO) is sitting at 38.76. 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.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Ishares Core SP 500 Index ETF (XUS.TO)’s Williams Percent Range or 14 day Williams %R is resting at -62.50. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.