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jedijazz

10/16/18 1:55 PM

#8249 RE: ProfitScout #8248

$LLLI .0149 Signal Watch: Viewing the Numbers on Shares of Lamperd Less Lethal (LLLI)

Zooming in on shares of Lamperd Less Lethal (LLLI), we have seen that the SuperTrend indicator is currently below the equity price. Traders tracking this signal may be contemplating a possible sell at current levels.

The direction of equity market moves in the short-term are highly unpredictable. Many investors will be tempted to ride the wave whether the trend is buying or selling. Fearful investors may make hasty decisions such as panic buying or selling. Investors may feel compelled to buy stocks after a major run higher. This can be related to the fear or missing out. On the different end, investors may be quick to sell quality stocks when the market is in the midst of a broad sell-off. This behavior sometimes translates into falling into the trap of buying high and selling low.

The Williams Percent Range or Williams %R is another technical indicator worth taking a look at. Lamperd Less Lethal (LLLI) at present has a 14 day Williams %R of -19.12. 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.

Currently, the 14-day ADX for Lamperd Less Lethal (LLLI) is sitting at 27.34. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders sometimes add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

Investors have the option to employ technical indicators when conducting stock diligence work. At the time of writing, Lamperd Less Lethal (LLLI) has a 14-day Commodity Channel Index (CCI) of 52.93. Developed by Donald Lambert, the CCI is a versatile gizmo that may be used to aid unveil an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific time course. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average.

A widely used gizmo among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain course of time. Moving averages can be very useful for spotting peaks and troughs. They may also be used to aid the trader determine reliable support and resistance levels for the stock. Currently, the 200-day MA is sitting at 0.02.

Checking in on some different technical levels, the 14-day RSI is at present at 46.57, the 7-day stands at 51.06, and the 3-day is sitting at 68.96. 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 quantify whether or not a stock was overbought or oversold. The RSI may be helpful 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.

One of the biggest mistakes that can plague the individual investor is not setting up an overall investment plan. Investors may want to start out be setting up an outline of overall goals. Having goals can eventually make the day to day investing decisions at little bit smoother over time. Once a plan is in place, investors can then spend more time focusing on the proper stocks to add to the portfolio. Dedicating time for out-and-out stock diligence work may not be easy, but it may put the investor in a better position. Some investors will go to greater lengths, such as making sure that they have a good reason behind every buy or sell decision. This process may seem unnecessary to some, but it may aid the investor remain focused when the market gets choppy and tough decisions have to be made.

https://cantoncaller.com/signal-watch-viewing-the-numbers-on-shares-of-lamperd-less-lethal-llli/178690/