Sentences with phrase «oversold trading levels»

The indicators adopted are modified ADX and CCI, as such strong currency trends, along with overbought & oversold trading levels can be properly spotted.

Not exact matches

Consumer staples stocks traded in overbought territory at the beginning of the year but fell sharply into oversold levels during the early February sell - off on broader markets.

Because the broad market was selling off sharply and approaching near - term oversold levels, EEV was taken as a very short - term trade (2 - 5 days), as we were looking to sell into strength on a breakout above resistance at the $ 28.00 area.

In September, these shares traded for over $ 13 and could rebound quickly from very oversold levels.