COECF closed below the trigger point for the Parabolic SAR and is currently registering a bearish signal. The current Significant Point, above which a reversal to the bullish side would occur, is 0.17.
COECF's MACD is currently indicating a weak bullish signal. Although the MACD is trending above the signal line, the indicator is still below 0.
The Stochastic Oscillator is registering a bearish signal as the %K is below the %D.
According to the RSI which is currently at 29.49%, below the critical value of 30, COECF is oversold. This means that there has been significant recent downward momentum that is not sustainable. Although the stock may not begin to rally, selling pressure can not continue at this level..Williams Percent R
The %R is currently at -71.36% which indicates that the stock is neither overbought nor oversold. Note the trend of the %R to see if the internal strength of COECF is improving or weakening..Directional Movement Index (DMI)
The ADX is below 20 which signifies that COECF is not trending. Therefore the Bearish signal provided by the Directional Movement Index is not confirmed and it is too early to act solely based on this indicator..Ultimate Oscillator
The Ultimate Oscillator is weakening as it has recently dropped below the critical level of 70 and now stands at 44.73%.
All my posts, are only My Opinion
