Typically, the CCI oscillates above and below a zero line. A reading between 0 and -20 would indicate an overbought situation.
Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. The RSI may be useful for spotting abnormal price activity and volatility. Currently, the 14-day ADX for S&P Regional Banking ETF SPDR (KRE) is 26.54. They may look to the 50-day or 20-day to get a better grasp of what is going on with the stock in the near-term. On the flip side, if the indicator goes under -80, this may signal that the stock is oversold.
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The PSAR, Developed by Welles Wilder, is created to determine the point in time when there emerges a better than average probability of a trend switching directions. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. RSI can be used to detect general trends as well as finding divergences and failure swings. Presently, the stock has a 14-day RSI of 44.26, the 7-day is sitting at 45.51, and the 3-day is resting at 43.18.
S&P Regional Banking ETF SPDR (KRE) now has a 14-day Commodity Channel Index (CCI) of -67.52. In general, a rising ADX line means that an existing trend is gaining strength. A value of 25-50 would indicate a strong trend. Values can range from 0 to -100. The ADX is used to measure trend strength. Many traders will use a combination of moving averages with different time frames to help review stock trend direction. The 14 day Williams %R for S&P Regional Banking ETF SPDR (KRE) is noted at -83.33. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally. The original guidelines focused on creating buy/sell signals when the reading moved above +100 or below -100. 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. ADX calculations are made based on the moving average price range expansion over a specified amount of time. In some cases, MA's may be used as strong reference points for spotting support and resistance levels. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time.