Summary:
- A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
- MACD is crossing MACD signal line at 0.3. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stock news
Tao Value recently released its Q4 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 26.43% for the quarter, outperforming its benchmark, the MSCI All Country World Index (ACWI) which returned 14.4% in the same quarter. You should check out Tao Value’s top 5 stock picks for […]
Shares of Alibaba, Tencent and Baidu jumped Thursday on news that the Trump administration has decided against prohibiting Americans from investing in several China internet companies.
U.S.-listed shares of Chinese companies rallied Tuesday after the New York Stock Exchange backtracked, saying it no longer planned to delist three Chinese telecommunications stocks from its exchange.
Video-sharing platform Bilibili Inc (NASDAQ: BILI) is set to file for a secondary listing in Hong Kong, seeking to raise more than $2 billion, CNBC reports.What Happened: Based on an earlier report, Bilibili had planned for a secondary listing (SPO) in Hong Kong and raise up to $1.5 billion by hiring UBS, JPMorgan, Goldman Sachs, and Morgan Stanley as lead managers.The current $2 billion capital raise is significantly higher than anticipated earlier. CNBC notes that the SPO filing could come as ...
U.S. stock futures rose in the pre-market Monday on optimism driven by the continued government stimulus and the availability of the Covid-19 vaccine. However, the three key indexes in the U.S. fell later in the day. At 12:50 p.m. ET, the S&P 500 fell 2.39 percent, the Dow Jones Industrial Average declined 2.23 percent, and […]
The stock's gain on Monday extends a bullish run for the online entertainment company's stock in recent months.
Bilibili (NASDAQ: BILI), a fast-growing Chinese entertainment company, just had one of its best years ever in 2020. Bilibili's offerings have only become more popular amid the COVID-19 pandemic, as evidenced by its record-breaking third-quarter performance in 2020.
Bilibili, Bionano Genomics, DermTech, Baidu and BeyondSpring are five top stock gainers for Wednesday.