Technicals on Watch For MGE Energy Inc (MGEE)

Technicals on Watch For MGE Energy Inc (MGEE)

Investors have placed MGE Energy Inc (MGEE) shares on watch as the Aroon Down indicator has moved above 70, indicating that there is downward momentum building for the shares.   The Aroon indicator was developed by Tushar Chande in 1995. Aroon is used to measure the presence and strength of trends. According to Chande, whenever the components of the Aroon indicator are in close proximity, this is a sign of market consolidation. […]

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Kamada Shares Rise

Kamada Shares Rise

Kamada shares were higher 9% in early trade Friday after the company and Kedrion Biopharma said that Kedrab has obtained U.S. Food and Drug Administration approval for passive, transient post-exposure prophylaxis of rabies infection, when given immediately after contact with a rabid or possibly rabid animal. Kedrab should be administered concurrently with a full course of rabies vaccine. Rabies is a life-threatening condition that impacts 40,000 people in the U.S. […]

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Turning Attention Towards Dolly Varden Silver Corp (DOLLF)’s Technicals

Turning Attention Towards Dolly Varden Silver Corp (DOLLF)’s Technicals

Dolly Varden Silver Corp (DOLLF) has popped on trader’s radar as the share momentum has climbed above the Aroon Up key level of 70. The “Aroon Indicator” is a popular member of the “Oscillator” family of technical indicators. Tushar Chanda developed the Aroon Indicator in 1995 to help traders determine the strength of a trend and whether pricing behavior was favoring a trend or sideways action. Traders use the “Up […]

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OxySure Therapeutics Inc (OXYS) AroonUp Indicator Showing Strength

OxySure Therapeutics Inc (OXYS) AroonUp Indicator Showing Strength

OxySure Therapeutics Inc (OXYS) shares are showing strong upward momentum according to the Aroon indicator as the reading has climbed above 70.  With the strength building, investors might be taking a look at this name in conjuction with some other indicators. The Aroon Oscillator was developed by Tushar Chande to highlight the start of a new trend and to measure trend strength. Chande first described the indicator in the September […]

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Global Fixed Income Realisation Ltd (GFIR.L) Sees AroonUp Showing Strong Upward Momentum

Global Fixed Income Realisation Ltd (GFIR.L) Sees AroonUp Showing Strong Upward Momentum

Global Fixed Income Realisation Ltd (GFIR.L) has popped on trader’s radar as the share momentum has climbed above the Aroon Up key level of 70. The “Aroon Indicator” is a popular member of the “Oscillator” family of technical indicators. Tushar Chanda developed the Aroon Indicator in 1995 to help traders determine the strength of a trend and whether pricing behavior was favoring a trend or sideways action. Traders use the […]

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