Vanadium One Energy Corp (VONE.V) Shares Dip -16.28% Lower For The Week
Date: Dec 4, 2018
Vanadium One Energy Corp (VONE.V) have moved lower over the course of the past week revealing negative downward near-term momentum for the shares. In taking a look at recent performance, we can see that shares have moved -16.28% over the past week, -2.70% over the past 4-weeks, 200.00% over the past half year and 111.76% over the past full year.
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The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in 1978. RSI measures the magnitude and velocity of directional price movements. The data is represented graphically by fluctuating between a value of 0 and 100. The indicator is computed by using the average losses and gains of a stock over a certain time period. RSI can be used to help spot overbought or oversold conditions. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. A level of 50 would indicate neutral market momentum. The 14-day RSI is currently sitting at 48.93, the 7-day is at 42.99, and the 3-day is spotted at 29.25 for Vanadium One Energy Corp (VONE.V).
