Summary:
- Volatility is at a recent 2 week low. A recent low volatility of stock movement within a box range could trigger break through when activities pick up.
- A moving average of short volume ratio is at a recent 2 week low. A lower short volume ratio could be a bullish signal.
- MACD is crossing MACD signal line at 0.4. 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
(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk has spent years mocking the idea of using hydrogen fuel cells rather than electric batteries to power next-generation green vehicles. “Fuel cells = fool sells,” the boss of the world’s top electric-car maker tweeted in June.China, the world’s biggest market for electric vehicles, isn’t so quick to dismiss the alternative to batteries. Officials are promoting the development of hydrogen-powered cars, trucks and buses, with Beijing offeri...
(Bloomberg) -- BlackRock Inc. Chief Executive Officer Larry Fink said a growing number of investors are focusing on climate change and that companies embracing stakeholder capitalism are outperforming peers. Speaking at a Bloomberg New Economy Forum event broadcast Thursday, he said Joe Biden’s decision to return the U.S. to the Paris climate agreement will be “monumental” and would support the work of investors that have focused on climate change.On the third day of the four-day forum, Fink joi...
(Bloomberg) -- The third day of the four-day Bloomberg New Economy Forum is focusing on the many challenges posed by climate change, the coronavirus pandemic and an unstable global economy.In the next set of sessions that begin at 7 p.m. New York time, BlackRock Inc. CEO Larry Fink, Eskom Holdings Ltd. CEO Andre de Ruyter and Xie Zhenhua, who led China’s climate policies and represented the country in international climate negotiations for more than 10 years, are among those scheduled to speak. ...
(Bloomberg) -- Arrival Ltd. has agreed to combine with blank-check firm CIIG Merger Corp. in a deal that will raise cash and give the electric van and bus maker a listing on the Nasdaq.The transaction, which gives the combined company an enterprise value of $5.4 billion, will provide Arrival with approximately $660 million in cash, the two companies said in a statement Wednesday, confirming an earlier Bloomberg News report. CIIG also raised $400 million in new equity to support the transaction. ...
In honor of the World Day of Remembrance for Road Traffic Victims, Together for Safer Roads (TSR), a coalition of leading businesses and public sector leaders announce a design challenge to improve fleet safety and save lives: Truck of the Future with a focus on driver visibility.
(Bloomberg Opinion) -- After five states — Arizona, Mississippi, Montana, New Jersey and South Dakota — passed ballot measures for marijuana use last week, the drug will soon be legal in some form for 70% of the U.S. population. A third of the country won’t even need a medical excuse. But that’s not the surprise.What’s more notable is that unlike in the past, all of this happened without much of a public uproar. To be fair, there have been bigger concerns on Americans’ minds these days. But this...
Having missed out on the hottest new alcohol trend in the United States, Anheuser-Busch InBev reckons it can still overhaul rivals by ramping up innovation, marketing and harnessing its top brand, Bud Light. White Claw and Boston Beer Company's Truly have built strong leads in the U.S. market for hard seltzers - sparkling water with alcohol and flavouring. "The winners are not necessarily those that get there first, but the winners are the ones that manage to scale up their initiatives bette...
Having missed out on the hottest new alcohol trend in the United States, Anheuser-Busch InBev reckons it can still overhaul rivals by ramping up innovation, marketing and harnessing its top brand, Bud Light. White Claw and Boston Beer Company's Truly have built strong leads in the U.S. market for hard seltzers - sparkling water with alcohol and flavouring.