JB and ZJMY Holding Co (JBZY)

[Stock Farmer]

This article (June 12) concurs with your statement:

https://rivesjournal.com/trading-radar-zooming-in-on-shares-of-dolat-ventures-inc-dolv/170800/

Checking in on some other technical levels, the 14-day RSI is currently at 48.65, the 7-day stands at 37.48, and the 3-day is sitting at 11.67. The RSI, or Relative Strength Index, is a commonly 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.


The Williams Percent Range or Williams %R is another technical indicator worth taking a look at. Dolat Ventures Inc (DOLV) currently has a 14 day Williams %R of -83.00. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. Levels above -20 may indicate the stock may be considered is overbought. If the indicator travels under -80, this may signal that the stock is oversold. Chart analysts may also use the indicator to project possible price reversals and to define trends.

Dolat Ventures Inc (DOLV) currently has a 14-day Commodity Channel Index (CCI) of -118.81. 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.