Health Advance Inc (HADV)

[TheCBDMan]

Health Advance Inc (HADV) Under the Watchful Eye of Investors

Health Advance Inc (HADV) shares have sparked the interest of some chartists as the Money Flow Index has climbed above 60, potentially heading for key 70 levels. The Money Flow Index is an indicator that utilizes the volume and volatility of an asset to determine the buying or selling pressure of an asset. The indicator was developed by Avrum Soudack and Gene Quong as a volume-weighted variation of the RSI.
The Money Flow Index is calibrated from 0 to 100, and creates a money flow ratio (Positive Money Flow to Negative Money Flow) over a time period. This money flow ratio is what is pushed into an RSI formula to create a momentum indicator. Being a momentum indicator, the Money Flow Index (MFI) is capable evaluating overbought and oversold market conditions, using values of 70-80 and above for overbought conditions and 20 and below for oversold situations.

When undertaking stock analysis, investors and traders may choose to view multiple technical levels in addition to the MFI. Health Advance Inc (HADV) currently has a 14-day Commodity Channel Index (CCI) of 48.03. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory.


Source: [url]https://melvillereview.com/health-advance-inc-hadv-under-the-watchful-eye-of-investors/404046/
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Tags: Including $HADV $GWPH $TWMJF $APHQF $ACBFF $AXIM $CRBP $MJNA