Digging into Dynacor Gold Mines Inc (DNGDF)’s Technicals

Digging into Dynacor Gold Mines Inc (DNGDF)’s Technicals

Dynacor Gold Mines Inc (DNGDF) shares are showing downward momentum according to the Aroon Down indicator as the reading has climbed above 70.  With the strength building, investors might be taking a look at this name in conjuction with some other indicators. The Aroon Oscillator was developed by Tushar Chande to highlight the start of a new trend and to measure trend strength. Chande first described the indicator in the September […]

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Digging Deeper into Shares of LPA Group PLC (LPA.L)

Digging Deeper into Shares of LPA Group PLC (LPA.L)

Investors have placed LPA Group PLC (LPA.L) shares on watch as the Aroon Down indicator has moved above 70, indicating that there is downward momentum building for the shares.   The Aroon indicator was developed by Tushar Chande in 1995. Aroon is used to measure the presence and strength of trends. According to Chande, whenever the components of the Aroon indicator are in close proximity, this is a sign of market consolidation. […]

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Investors Are Turning Their Attention Towards Enerdynamic Hybrid Technologies Corp (EHT.V)’s Technicals

Investors Are Turning Their Attention Towards Enerdynamic Hybrid Technologies Corp (EHT.V)’s Technicals

Enerdynamic Hybrid Technologies Corp (EHT.V)’s Aroon Down level has reached above the key level of 70, indicating a strong downward trend for the security.  The Aroon indicator was developed by Tushar Chande in 1995. Aroon is used to measure the presence and strength of trends. Aroon can be drawn either as two lines, the Aroon Up and Aroon Down. The Aroon Up and Aroon Down lines oscillate between 0 and 100. Aroon […]

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Putting Together The Pieces For Severfield PLC (SFR.L): Technicals Update

Putting Together The Pieces For Severfield PLC (SFR.L): Technicals Update

Severfield PLC (SFR.L)’s Aroon Down level has reached above the key level of 70, indicating a strong downward trend for the security.  The Aroon indicator was developed by Tushar Chande in 1995. Aroon is used to measure the presence and strength of trends. Aroon can be drawn either as two lines, the Aroon Up and Aroon Down. The Aroon Up and Aroon Down lines oscillate between 0 and 100. Aroon Up for […]

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Keeping Up on Carpetright PLC (CPR.L)’s Technicals: Where to From Here?

Keeping Up on Carpetright PLC (CPR.L)’s Technicals: Where to From Here?

Investors have placed Carpetright PLC (CPR.L) shares on watch as the Aroon Down indicator has moved above 70, indicating that there is downward momentum building for the shares.   The Aroon indicator was developed by Tushar Chande in 1995. Aroon is used to measure the presence and strength of trends. According to Chande, whenever the components of the Aroon indicator are in close proximity, this is a sign of market consolidation. Aroon […]

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