REPORTING FOR 2019-09-12 | THEBUNSENBURNER.COM: With the assistance of the Beat The Market Analyzer software and our own in-house methods, we have conducted a deep analysis of how NICK has been trading over the last 2 weeks and the past day especially. On its latest session, ETFS Commodity Securities Limited ($NICK) opened at 17.5, reaching a high of 17.54 and a low of 17.28 before closing at a price of 17.3575. There was a total volume of 91558.0.
VOLUME INDICATORS: We saw an accumulation-distribution index of 230.73453, an on-balance volume of -17.24, chaikin money flow of 12.0 and a force index of 0.198. There was an ease of movement rating of 0.0055, a volume-price trend of 5.76103 and a negative volume index of 1000.0. What do these volume indicators mean for NICK? Click here for an explanation.
VOLATILITY: We noted an average true range of 0.16288, bolinger bands of 17.54512, an upper bollinger band of 16.72488, lower bollinger band of 17.28, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 17.44, high band keltner channel of 17.4, low band keltner channel of 17.48, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 17.28, a donchian channel low band of 17.28, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for NICK? Click here for an explanation.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.00651, a MACD signal of -0.00361, a MACD difference of -0.00289, a fast Exponential Moving Average (EMA) indicator of 17.28, a slow Exponential Moving Average (EMA) indicator of 17.28, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.65825, a trix of 23.3042, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -4.29944, a KST Oscillator (KST) of 331.22105 and a KST Oscillator (KST Signal) of 331.22105 (leaving a KST difference of -5.58527). We also found an Ichimoku rating of 17.52, an Ichimoku B rating of 17.52, a Ichimoku visual trend A of 13.55374, an Ichimoku visual trend B of 14.55154, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0. What do these trend indicators mean for NICK? Click here for an explanation.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 95.13214, a stochastic oscillator of 650.0, a stochastic oscillator signal of 650.0, a Williams %R rating of 550.0 and an awesome oscillator of -0.04493. What do these momentum indicators mean for NICK? Click here for an explanation.
RETURNS: There was a daily return of 33.1221, a daily log return of -1.69248 and a cumulative return of -1.67824.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-09-12 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for ETFS Commodity Securities Limited ($NICK)…
For a more complete analysis, run all of this through the BTMA software.
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling ETFS Commodity Securities Limited ($NICK) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.