Singapore: Vard Holdings Ltd (VARD:SI) Heffx Technical Review
Overall, the bias in prices is: Sideways.
By the way, prices are vulnerable to a correction towards 0.25.
The projected upper bound is: 0.25.
The projected lower bound is: 0.25.
The projected closing price is: 0.25.
WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert will be invalid (including the alerts, symbols, and this commentary). To detach this expert, right-click on the VARD HOLDINGS chart, choose Expert Advisor, and then choose Detach.
During the past 10 bars, there have been 0 white candles and 1 black candles for a net of 1 black candles. During the past 50 bars, there have been 2 white candles and 1 black candles for a net of 1 white candles.
A gravestone doji occurred. This often signifies a top (the longer the upper shadow, the more bearish the signal).
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 0.0000. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a buy 10 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 48.09. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 14 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -47. This is not a topping or bottoming area. The last signal was a sell 9 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 7 period(s) ago.
Rex Takasugi – TD Profile
VARD HOLDINGS closed unchanged at 0.250. Volume was 123% above average (neutral) and Bollinger Bands were 2% narrower than normal.
Open High Low Close Volume___
0.250 0.250 0.250 0.250 1,184,500
Short Term: Oversold
Intermediate Term: Bearish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period
Close: 0.25 0.25 0.25
Volatility: 11 11 20
Volume: 316,480 778,870 410,337
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
VARD HOLDINGS is currently 1.2% above its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume out of VARD.SI (mildly bearish). Our trend forecasting oscillators are currently bearish on VARD.SI and have had this outlook for the last 4 periods. The security price has set a new 14-period low while our momentum oscillator has not. This is a bullish divergence.