City of London Investment Trust Plc (CTY.L) Aroon Oscillator Pushing Into Positive Territory
Short-term traders using technical analysis may be looking to score quick profits by capitalizing on the fluctuations of stock prices. There are many different technical indicators that traders can choose to study. Some traders may find an indicator that works great by itself. Others may use a combination of multiple indicators to help spot trends and patterns. Staying on top of the action may be crucial when frequently entering and exiting trades. When applying indicators for technical analysis, traders and investors might want to look at the ATR or Average True Range. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend.