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 0.175 on 315000 volume.
There are often many decisions that will need to be made when setting up a plan to start investing in stocks. Investors may want to start by setting specific individual goals. Plotting out specific goals can help keep the process focused and in line. Once goals are outlined, investors may want to decide how much risk that they are able to take on. Once goals and risks are addressed, investors may want to start doing research on specific stocks or sectors. Once the research is complete, investors can start focusing on how to put together the stock portfolio. Finding the best stocks to add can take quite a bit of time, but putting in the extra analysis can provide a big boost to the portfolio.
Taking a deeper look into the technical levels of ALAM MARITIM RESOURCES BERHAD (5115.KL), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -75.00. 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 -52.83. 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.
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, ALAM MARITIM RESOURCES BERHAD’s 14-day RSI is currently at 54.13, the 7-day stands at 51.57, and the 3-day is sitting at 43.82.
Currently, the 14-day ADX for ALAM MARITIM RESOURCES BERHAD (5115.KL) is sitting at 32.85. 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.