1 GERMAN CARMAKERS JOIN AMERICAN FARMERS ON FRONT LINE OF U.S.-CHINA TRADE WAR WWW.REUTERS.COM PUBLISHED:2018/06/22      2 INDIAN HOME AFFAIRS MINISTER RAJNATH SINGH ARRIVES WWW.MONTSAME.MN PUBLISHED:2018/06/22      3 XI MEETS EXECUTIVES OF FAMOUS MULTINATIONAL COMPANIES WWW.XINHUANET.COM.CN PUBLISHED:2018/06/22      4 PEACE PLAYS: HOW FOREIGN COMPANIES HAVE LOST A BUNDLE IN NORTH KOREA WWW.REUTERS.COM PUBLISHED:2018/06/22      5 BYLAWS OF THE ASSISTANCE FUND FOR MONGOLIAN CITIZENS LIVING ABROAD REVISED WWW.GOGO.MN PUBLISHED:2018/06/22      6 CABINET REVIEWS ISSUES REGARDING SOCIAL, TAX AND AGRICULTURE AFFAIRS WWW.THEUBPOST.CMN PUBLISHED:2018/06/22      7 INVESTMENT PROJECTS INTRODUCED AT ‘GREATER TUMEN INITIATIVE’ PROGRAM MEETING WWW.MONTSAME.MN PUBLISHED:2018/06/22      8 MONGOLIA PARLIAMENT CONSIDERS IPO FOR GIANT COAL MINE WWW.REUTERS.COM PUBLISHED:2018/06/22      9 ASPIRE'S NUURSTEI COAL FOUND TO BE OF HIGH QUALITY PREMIUM COKING COAL WWW.GOGO.MN PUBLISHED:2018/06/21      10 SOUTH KOREA WANTS RAILROAD LINK TO RUSSIA THROUGH NORTH KOREA WWW.RT.COM PUBLISHED:2018/06/21      ХҮНИЙ ГАРААР БҮТЭЭСЭН ДИВААЖИН WWW.UBINFO.MN НИЙТЭЛСЭН:2018/06/22     ЖИЖИГ, ДУНД ҮЙЛДВЭРИЙГ ХӨГЖҮҮЛЭХЭД ТӨРИЙН ХУДАЛДАН АВАЛТ, ГААЛИЙН ТАТВАРЫН БОДЛОГООР ДЭМЖИЖ БАЙНА WWW.DNN.MN НИЙТЭЛСЭН:2018/06/22     ӨРСӨЛДӨХ ЧАДВАРЫГ НЭМЭХ ЛОЖИСТИКИЙН ТӨВТЭЙ БОЛНО WWW.ZGM.MN НИЙТЭЛСЭН:2018/06/22     ТӨЛӨВЛӨЖ БУЙ ТӨСЛҮҮДЭЭ ГУРВАН УЛСЫН САНХҮҮГИЙН ТӨЛӨӨЛӨГЧДӨД ТАНИЛЦУУЛЛАА WWW.NEWS.MN НИЙТЭЛСЭН:2018/06/22     МОНГОЛ БОЛОН ХБНГУ-ЫН ХАМТРАН ХЭРЭГЖҮҮЛСЭН ТОМООХОН ТӨСЛҮҮДИЙН НЭГ ҮР ДҮНГЭЭ ҮЗҮҮЛЖ ЭХЭЛЛЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2018/06/22     ЗГ: ҮНЭЛГЭЭГ ШИНЭЧИЛСНЭЭР ГАЗАР ЭДИЙН ЗАСГИЙН ЭРГЭЛТЭД ОРНО WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/06/22     ЗАМЫН- ҮҮД СУМАНД 15 МВТ-ИЙН НАРНЫ ЦАХИЛГААН СТАНЦ АШИГЛАЛТАД ОРЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/06/22     МОНГОЛЫН АНХНЫ ГАЗРЫН ТОСНЫ БОЛОВСРУУЛАХ ҮЙЛДВЭРИЙН ШАВ ТАВИВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/06/22     “ОЛОН УДАА ЗОРЧИХ ВИЗ ОЛГОЛТЫГ НЭМЭГДҮҮЛНЭ” WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/06/21     ББСБ-УУДАД ШАЛГАЛТ ХИЙЖ ЭХЭЛЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2018/06/21    

Share Activity Lifted for Mongolia Energy Corp Ltd (0276.HK) in Session www.stockdailyreview.com

Shares of Mongolia Energy Corp Ltd (0276.HK) is moving on volatility today -1.31% or -0.003 from the open. The HKSE listed company saw a recent bid of 0.226 on 1632250 volume.

Often times, investors may become worried when the stock market is highly volatile. Being prepared for volatile situations can help ease the fears that come along with turbulence. Following a well-crafted plan might help ride out the ups and downs that are a normal part of dealing with the market. Investors should be prepared for market situations that provide ample opportunities. Although market downturns can be unsettling and cause panic, investors who are able to stay the course and keep calm may be able to spot good buying opportunities when the wider market is selling. 

Taking a deeper look into the technical levels of Mongolia Energy Corp Ltd (0276.HK), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -85.00. 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.

Mongolia Energy Corp Ltd (0276.HK) currently has a 14-day Commodity Channel Index (CCI) of -134.84. 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 reading as an oversold indicator, suggesting a trend reversal.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, Mongolia Energy Corp Ltd’s 14-day RSI is currently at 44.24, the 7-day stands at 36.86, and the 3-day is sitting at 19.83.

Currently, the 14-day ADX for Mongolia Energy Corp Ltd (0276.HK) is sitting at 24.45. 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. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

For further review, we can take a look at another popular technical indicator. In terms of moving averages, the 200-day is currently at 0.26, the 50-day is 0.23, and the 7-day is resting at 0.23. Moving averages are a popular trading tool among investors. Moving averages can be used to help filter out the day to day noise created by other factors. MA’s may be used to identify uptrends or downtrends, and they can be a prominent indicator for detecting a shift in momentum for a particular stock. Many traders will use moving averages for different periods of time in conjunction with other indicators to help gauge future stock price action.



Published Date:2017-09-22