Zhuzhou CSR Times Electric Ltd (3898.HK) Shares Push 1.48% Higher Over past 13 Weeks

Zhuzhou CSR Times Electric Ltd (3898.HK) shares are showing positive signals short-term as the stock has finished higher by 1.48% over the past three months. In taking a look at recent performance, we can see that shares have moved 4.08% over the past 4-weeks, 12.19% over the past half year and -13.97% over the past full year. Shares ticked 3.72 over the past week.

Dedicated investors are usually on the lookout for promising stocks that have been overlooked by the investment community. They may be searching for companies that have slipped under the radar and are primed for a move higher. Some investors may do the research and locate these stocks that are infrequently in the financial news headlines and are relatively unknown by the average investor. These stocks may be smaller cap, trading on a foreign exchange, or stocks that used to be prominent that have not been part of the conversation recently. Finding these stocks may take some extra research and effort. Investors who are able to do enough digging may be able to find some great names to help support the stock portfolio.

A popular tool 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 period of time. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Currently, Zhuzhou CSR Times Electric Ltd (3898.HK) has a 200-day MA of 41.63, and a 50-day of 43.36. Presently, the stock has a 14-day RSI of 55.69, the 7-day is sitting at 59.12, and the 3-day is resting at 61.81. The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in 1978. RSI measures the magnitude and velocity of directional price movements. The data is represented graphically by fluctuating between a value of 0 and 100. The indicator is computed by using the average losses and gains of a stock over a certain time period. RSI can be used to help spot overbought or oversold conditions. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. A level of 50 would indicate neutral market momentum.

Zhuzhou CSR Times Electric Ltd (3898.HK)’s Williams Percent Range or 14 day Williams %R presently is at -36.14. In general, if the reading goes above -20, the stock may be considered to be overbought. Alternately, if the indicator goes under -80, this may show the stock as being oversold. We can also take a look at the Average Directional Index or ADX of the stock. For traders looking to capitalize on trends, the ADX may be an essential technical tool. The ADX is used to measure trend strength. ADX calculations are made based on the moving average price range expansion over a specified amount of time. ADX is charted as a line with values ranging from 0 to 100. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. The 14-day ADX presently sits at 10.93. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend.

Zhuzhou CSR Times Electric Ltd (3898.HK) has a 14-day Commodity Channel Index (CCI) of 60.64. The CCI technical indicator can be used to help figure out if a stock is overbought or oversold. CCI may also be used to assist with the discovery of divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Zhuzhou CSR Times Electric Ltd (3898.HK)’s Williams Percent Range or 14 day Williams %R is resting at -36.14. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

Many individual investors who trade stocks are looking for the next big breakout. It can be much more exciting to be able to tell glamorous stories of picking a winning stock before everybody else was aware. Of course, this is no easy task. There are so many stocks to choose from, and hunting for undervalued stocks may take lots of time that many investors do not have. Other investors will strictly trade the big established names with the hope that consistent growth will provide stable returns to the portfolio. Understanding risks involved with picking stocks can help the investor figure out what is best for them individually. It is typically considered wise to make sure that there is proper diversification in the stock portfolio. Finding that balance to achieve long lasting portfolio health is generally what most investors attempt to accomplish when trading equities.