Shares of Phototron Holdings Inc (PHOT) are moving on volatility today 4.46% or 0.0005 from the open. The OTC listed company saw a recent bid of 0.0117 and 22824962 shares have traded hands in the session.
When it comes to investing, people are generally told to make sure that they don’t put all their eggs in one basket. This saying can apply to investing in the stock market as well. Keeping the stock portfolio diversified can greatly behoove the individual investor. When hard earned money is on the line, individuals may want to pay extra attention as to how their equity holdings are spread out. Many investors will choose to pick stocks that combine large cap, small cap, and even international stocks. Although stock portfolio diversification does not eliminate risk, it can help reduce it during tumultuous market conditions.
Taking a deeper look into the technical levels of Phototron Holdings Inc (PHOT), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -11.36. 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.
Phototron Holdings Inc (PHOT) currently has a 14-day Commodity Channel Index (CCI) of 192.07. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100