Shares of ALAM MARITIM RESOURCES BERHAD (5115.KL) is moving on volatility today 0.00% or 0.00 from the open. The BM listed company saw a recent bid of 0.13 on 176000 volume.
As the stock market continues to trade near record levels, investors will be closely
following trading action heading into the latter half of the year. With many stocks
reaching new highs, investors may need to make sure that they aren’t getting too
overconfident with trades. When a few winning trades are strung together, investors
may feel like they have the Midas touch and they can do no wrong. Nobody knows for sure how long stocks will stay in favor with investors. Keeping track of the
portfolio’s contents can help when quick decisions need to be made. There may
come a time when the tide turns and making a winning trade may seem impossible.
Investors might want to have a plan in place in case of a sudden major market
downturn. Keeping the portfolio stable during periods of market uncertainty may help
prepare for unforeseen events in the future. Although there are many market
enthusiasts that think the bull run may be on its last legs, there are just as many
who believe that the best is yet to come, and there is much more room for stocks to
Digging deeping into the ALAM MARITIM RESOURCES BERHAD (5115.KL) ‘s technical indicators, we note that the Williams Percent Range or 14 day Williams %R currently sits at -50.00. 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.
ALAM MARITIM RESOURCES BERHAD (5115.KL) currently has a 14-day Commodity Channel Index (CCI) of -93.33. 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 ALAM MARITIM RESOURCES BERHAD (5115.KL) is sitting at 39.25. 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 RSI for ALAM MARITIM RESOURCES BERHAD is currently at 38.41, the 7-day stands at 44.96, and the 3-day is sitting at 42.77.