Needle moving action has been spotted in Arts Optical International Holdings Ltd (1120.HK) as shares are moving today on volatility 5.02% or 0.14 from the open. The HKSE listed company saw a recent bid of 2.93 and 20000 shares have traded hands in the session.
After a recent check, Arts Optical International Holdings Ltd’s 14-day RSI is currently at 47.18, the 7-day stands at 52.41, and the 3-day is sitting at 70.78.
Taking a deeper look into the technical levels of Arts Optical International Holdings Ltd (1120.HK), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -30.43. 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.
Arts Optical International Holdings Ltd (1120.HK) currently has a 14-day Commodity Channel Index (CCI) of 30.47. 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.
Currently, the 14-day ADX for Arts Optical International Holdings Ltd (1120.HK) is sitting at 20.07. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend.