Needle Action Activity Spotted in Sealand Natural Resources Inc (SLNR) – BVN

Shares ofSealand Natural Resources Inc (SLNR) is moving on volatility today-36.36% or -0.20 rom the open.TheOTCBB listed companysaw a recent bid of0.3500 on1600 volume.

With equity investing, there will constantly be worries and fears. The volatility in the market that accompanies these fears may trick investors into thinking the next bear market is on the doorstep. During a market-wide sell off, many stocks may experience the pain. Over time, many may gain back the ground they lost and return to previous levels. The biggest names may be the ones to recoup the losses the quickest. However, many investors might get stuck waiting for a rebound that just isnt going to happen. Having the flexibility to adapt to market conditions may help repair a damaged portfolio. Sometimes a readjustment may be needed in order to regain some confidence.

Taking a deeper look into the technical levels ofSealand Natural Resources Inc (SLNR), we can see thatthe Williams Percent Range or 14 day Williams %R currently sits at -77.78. 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.

Sealand Natural Resources Inc (SLNR) currently has a 14-day Commodity Channel Index (CCI) of -83.35. 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.

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, Sealand Natural Resources Incs 14-day RSI is currently at 47.86, the 7-day stands at 44.58, and the 3-day is sitting at 36.41.

Currently, the 14-day ADX for Sealand Natural Resources Inc (SLNR) is sitting at 12.86. 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.

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Needle Action Activity Spotted in Sealand Natural Resources Inc (SLNR) - BVN