Vanadium One Energy Corp (VONE.V) Triple Exponential Moving Average Trending Higher

Date: Dec 22, 2017
Vanadium One Energy Corp (VONE.V)’s Triple Exponential Moving Average has been spotted as trending higher over the past five bars, suggesting that momentum is building for the shares.  Triple Exponential Moving Average (also referred to as TEMA) was developed by Patrick Mulloy and was first published in the “Technical Analysis of Stocks & Commodities” magazine. The main purpose in developing of this indicator was reducing the lag between the indicator and price action by making it fast-acting and more sensitive to market changes. In similar to other moving averages way, the TEMA indicator is used to identify trends and generate trading signals.

After a recent technical review, shares of Vanadium One Energy Corp (VONE.V) have a 200-day moving average of 0.10. The 50-day is 0.09, and the 7-day is sitting at 0.08. Using a wider time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price fluctuations. In some cases, MA’s may be used as strong reference points for spotting support and resistance levels. Employing the use of the moving average for technical equity analysis is still highly popular among traders and investors. The moving average can be used as a reference point to assist with the discovery of buying and selling opportunities.

Vanadium One Energy Corp (VONE.V)’s Williams Percent Range or 14 day Williams %R currently sits at -33.33. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

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