National Electronics Holdings Ltd (0213.HK) and Yihai International Holding Ltd (1579.HK) Seeing Needle Moving This Session

Needle moving action has been spotted in National Electronics Holdings Ltd (0213.HK) as shares are moving today on volatility -1.83% or -0.02 from the open. The HKSE listed company saw a recent bid of 1.07 and 74000 shares have traded hands in the session.

After a recent check, National Electronics Holdings Ltd’s  14-day RSI is currently at 37.10, the 7-day stands at 22.29, and the 3-day is sitting at 4.08.

Taking a deeper look into the technical levels of National Electronics Holdings Ltd (0213.HK), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -100.00. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

National Electronics Holdings Ltd (0213.HK) currently has a 14-day Commodity Channel Index (CCI) of -189.47. 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. 

Currently, the 14-day ADX for National Electronics Holdings Ltd (0213.HK) is sitting at 18.84. 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. 

Shares of Yihai International Holding Ltd (1579.HK) are moving on volatility today -1.82% or $-0.07 from the open. The HKSE listed company saw a recent bid of $3.77 and 553000 shares have traded hands in the session.

Deep diving into the technical levels for Yihai International Holding Ltd (1579.HK), we note that the equity currently has a 14-day Commodity Channel Index (CCI) of -9.52. 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.

Yihai International Holding Ltd’s Williams Percent Range or 14 day Williams %R currently sits at -60.32. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Currently, the 14-day ADX for Yihai International Holding Ltd (1579.HK) is sitting at 27.38. 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 often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

The RSI, or Relative Strength Index, is a widely 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. After a recent check, the 14-day RSIfor Yihai International Holding Ltd (1579.HK) is currently at 51.52, the 7-day stands at 40.27, and the 3-day is sitting at 17.21.

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