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Authum Investment & Infrastructure Ltd (AIIL.BO) shares are moving today on volatility -5.61% or -1.85 from the open. The BSE listed company saw a recent bid of 31.15 and 50275 shares have traded hands in the session.
The stock investing process may seem intimidating to those just starting out. New investors may have a lot to learn, and they may be wondering where to start. Because there are so many different stock picking strategies, it can be hard to find one specific one to latch on to. Keeping things simple might be a good way to approach the market for beginners. The day to day market happenings can get overwhelming not only for amateurs but professional investors as well. Finding that first little advantage can make all the difference when picking stocks. Many new investors may have the tendency to make too many trades at first without doing the proper research. Easing in to the process may give some much needed perspective for attaining long-term success in the stock market.
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 Authum Investment & Infrastructure Ltd (AIIL.BO) is currently at 46.37, the 7-day stands at 47.89, and the 3-day is sitting at 43.56.
Looking further at additional technical indicators we can see that the 14-day Commodity Channel Index (CCI) for Authum Investment & Infrastructure Ltd (AIIL.BO) is sitting at -17.44. CCI is an indicator used in technical analysis that was designed by Donald Lambert. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold).
Moving averages can help spot trends and price reversals. They may also be used to help find support or resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm trends. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward. Shares of Authum Investment & Infrastructure Ltd (AIIL.BO) have a 7-day moving average of 31.49. Taking a glance at the relative strength indictor, we note that the 14-day RSI is currently at 46.37, the 7-day stands at 47.89, and the 3-day is sitting at 43.56.
Authum Investment & Infrastructure Ltd (AIIL.BO) has a 14-day ATR of 4.98. The Average True Range is an investor tool used to measure stock volatility. The ATR is not used to figure out price direction, just to measure volatility. The ATR is an indicator developed by J. Welles Wilder. Wilder has developed multiple indicators that are still quite popular in today’s investing landscape. The general interpretation of the ATR is the higher the ATR value, the higher the volatility.
Currently, the 14-day ADX for Authum Investment & Infrastructure Ltd (AIIL.BO) is sitting at 10.02. 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.
Many investors get into the stock market with unrealistic expectations. For whatever reason, they may have the mindset that snatching profits is easy. Thinking that profits can be doubled or tripled right away may lead the investor down the road of no return. Although the lucky few might hit some big winners right off the bat, these chances are quite low. Stocks tend to be volatile in the short-term. Unless investors have a game plan ready to capitalize on short-term movements, they may want to take a wider, longer-term approach. Trying to figure out which way the market will turn from one day to the next can be a highly frustrating procedure. Having the patience to thoroughly examine every trade can immensely boost the investor’s chances of surviving and thriving into the future.