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FTSE/JSE Capped Shareholder Weighted TR

Check the daily chart of FTSE/JSE Capped Shareholder Weighted TR. The closing price of 2023-02-03 was ZAR 33,312 per share.

FTSE/JSE Capped Shareholder Weighted TR Daily Candlestick Chart

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

FTSE/JSE Capped Shareholder Weighted TR Daily Moving Averages ChartFTSE/JSE Capped Shareholder Weighted TR Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of FTSE/JSE Capped Shareholder Weighted TR:

  • The Moving Average Convergence/Divergence (MACD) is 418.569. The Moving Average Convergence/Divergence (MACD) above zero is a bullish sign. +1
  • The MACD is lower than the signal line. This is a bearish indication. -1
FTSE/JSE Capped Shareholder Weighted TR Daily Moving Average Convergence/Divergence (MACD) ChartFTSE/JSE Capped Shareholder Weighted TR Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of FTSE/JSE Capped Shareholder Weighted TR:

  • The ADX is 33.394. Strong Trend. +1
  • The ADX is declining, the current trend is weakening. -1
  • The +DI is higher than the -DI. The current trend is up. +2
FTSE/JSE Capped Shareholder Weighted TR Daily Directional Movement Index (DMI) ChartFTSE/JSE Capped Shareholder Weighted TR Daily Directional Movement Index (DMI) Chart
1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..
  • The Parabolic SAR is higher than the price. The current trend is down. -2
  • FTSE/JSE Capped Shareholder Weighted TR Daily Parabolic SAR ChartFTSE/JSE Capped Shareholder Weighted TR Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)

    Measures the speed and change of price movements.

    • Leading momentum indicator, meaning the signals are instant.
    • Ranges between 0 and 100.
    • Above 70 is considered overbought.
    • Below 30 is considered oversold.
    • Above or below 50 can also be used to determine price trend or support and resistance.
    • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
    • Can be used in many different ways
    • The RSI is above 50. +1
    FTSE/JSE Capped Shareholder Weighted TR Daily Relative Strength Index (RSI) ChartFTSE/JSE Capped Shareholder Weighted TR Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator

    Compares a certain price to multiple prices ranging over time.

    • Leading momentum indicator, meaning the signals are instant.
    • Used to determine overbought and oversold areas much like the RSI.
    • Ranges between 0 and 100.
    • Above 80 is considered overbought.
    • Below 20 is considered oversold.
    • Consists of two lines named K and D.
    • K compares the highest high and lowest low on the selected price range.
    • The D line is a moving average of the K line.
    • Can be used to spot divergences
    • The Stochastic is above 50. +1
    FTSE/JSE Capped Shareholder Weighted TR Daily Stochastic Oscillator ChartFTSE/JSE Capped Shareholder Weighted TR Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    FTSE/JSE Capped Shareholder Weighted TR Daily Commodity Channel Index (CCI) ChartFTSE/JSE Capped Shareholder Weighted TR Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    FTSE/JSE Capped Shareholder Weighted TR Daily Chande Momentum Oscillator (CMO) ChartFTSE/JSE Capped Shareholder Weighted TR Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    FTSE/JSE Capped Shareholder Weighted TR Daily Williams %R ChartFTSE/JSE Capped Shareholder Weighted TR Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    FTSE/JSE Capped Shareholder Weighted TR Daily Bollinger Bands ChartFTSE/JSE Capped Shareholder Weighted TR Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    FTSE/JSE Capped Shareholder Weighted TR Daily Average True Range (ATR) ChartFTSE/JSE Capped Shareholder Weighted TR Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    FTSE/JSE Capped Shareholder Weighted TR Daily On-Balance Volume (OBV) ChartFTSE/JSE Capped Shareholder Weighted TR Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    FTSE/JSE Capped Shareholder Weighted TR Daily Money Flow Index (MFI) ChartFTSE/JSE Capped Shareholder Weighted TR Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for FTSE/JSE Capped Shareholder Weighted TR.

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-01-24WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
    2023-01-25STOCH SHORT ENTRY LONG CLOSE80 crossover to downside
    2023-01-27MACD SHORT ENTRY LONG CLOSE
    SAR LONG ENTRY SHORT CLOSEprice crossed sar to upside
    WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

    5.2. Technical Score

    Let's check the technical score of FTSE/JSE Capped Shareholder Weighted TR based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5063.725
    Ma 20Greater thanMa 5033,011.135
    Ma 50Greater thanMa 10031,911.562
    Ma 100Greater thanMa 20030,332.129
    OpenGreater thanClose33,158.130
    Total4/5 (80.0%)

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