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 0.4. 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
Acacia Communications saw its IBD SmartSelect Composite Rating rise to 96 Wednesday, up from 91 the day before.
Digital transformation should continue to drive many of the gains in the technology sector in the new year.
In this article we present the 10 best communication equipment / 5G stocks to buy now. Communications equipment powers the global connectivity, which is thriving on the back of rising internet penetration, social media use, e-commerce and cloud computing. You can skip our detailed discussion of the reasons of investing in communication stocks and read […]
Today we will run through one way of estimating the intrinsic value of Lumentum Holdings Inc. ( NASDAQ:LITE ) by taking...
Digital transformation should continue to drive many of the gains in the technology sector in the new year.
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
Lumentum Holdings Inc. ("Lumentum"), an industry-leading provider of optical networking solutions, today announced the company will highlight its latest product advancements during the European Conference on Optical Communications (ECOC) virtual event from December 7 - 9, 2020.
Lumentum Holdings Inc. ("Lumentum"), an industry-leading provider of high-speed optical transmission solutions, today announced a new addition to its broad datacom laser chip portfolio, the 100G PAM4 (53 Gbaud) directly-modulated laser (DML) for hyperscale data center applications. This breakthrough product complements Lumentum's existing 100G PAM4 externally modulated laser (EML) products and offers transceiver designers a lower cost alternative.