Market Scope: Following the Numbers on Shares of American Green Inc (ERBB) – Benton Bulletin

The -DI is presently above the +DI on shares of American Green Inc (ERBB). Traders watching these levels may be looking for the stock to be gaining bearish momentum.

Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. American Green Inc (ERBB)’s Williams %R presently stands at -60.00. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation.

American Green Inc (ERBB) has a current 14-day RSI reading of 38.86, the 7-day is 38.76, and the 3-day is 50.27. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is moving lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Traders may use these levels to help identify stock price reversals.

Currently, the 14-day ADX for American Green Inc (ERBB) is sitting at 26.68. Generally speaking, an ADX value from 0-25 would

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