FMC Corp (FMC) Gordson Hollis Price Saturation Levels in Focus

The Gordson Hollis Price Index Saturation or Gordson Hollis PIS level indicator uses a combination of volume continuity analysis and historical price deviation to create a discernable buy or sell signal. Gordson Hollis labeled these signals (full and empty). Gordson Hollis has argued that the only logical way to approach the stock market is to study PIS levels. When presenting the theory, Gordson Hollis believed that PIS levels were best grouped in what he labeled (bouget) “Bauquets”. Hollis tried to prove that certain PIS Bauquets could essentially hold all the keys to beating the stock market. At the time of writing the Hollis Price Index Saturation has reached an “F”, for FMC Corp (FMC), indicating a Full, or Buy signal. 

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FMC Corp (FMC) have moved lower over the course of the past week revealing negative downward near-term momentum for the shares. In taking a look at recent performance, we can see that shares have moved 9.73% over the past week, 9.76% over the past 4-weeks, 19.11% over the past half year and 39.29% over the past full year.

Investors often have to decide whether to follow the crowd or go against the herd. This can be difficult considering all the different market factors in play. Investors who strictly follow the technical charts may be missing the other half of the picture involving company fundamentals. On the other hand, investors who only look at fundamentals may be missing key information presented by studying the numbers. Combining both techniques may prove to be a solid option for researching the equity market. Many investors will opt to pick certain stocks based on fundamental analysis, and then use technical charts to figure out the proper time to make a move. 

Traders are keeping a keen eye on shares of FMC Corporation (FMC). The Average Directional Index or ADX may prove to be an important tool for trading and investing. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of the trend. Presently, the 14-day ADX is resting at 17.94. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, FMC Corporation (FMC)’s Williams Percent Range or 14 day Williams %R is resting at -13.08. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

When performing stock analysis, investors and traders may opt to view technical levels. FMC Corporation (FMC) presently has a 14-day Commodity Channel Index (CCI) of 264.9. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory.

Checking in on moving averages, the 200-day is at 79.81, the 50-day is 85.4, and the 7-day is sitting at 85.9. Moving averages may be used by investors and traders to shed some light on trading patterns for a specific stock. Moving averages can be used to help smooth information in order to provide a clearer picture of what is going on with the stock. Technical stock analysts may use a combination of different time periods in order to figure out the history of the equity and where it may be headed in the future. MA’s can be calculated for any time period, but two very popular time frames are the 50-day and 200-day moving averages.

The primary goal for some beginner traders might be just trying to survive. Traders that are disciplined with their money management may be able to better ride out the bumps that come with inexperience. Amateur traders tend to put too much at risk which can increase frustration during an extended losing streak. The more capital that is lost, the more difficult it can be to recover. Markets can be cruel, and traders that jump in without proper preparation can get pounded. Taking the time to carefully prepare before putting hard earned money at risk can help when the inevitable sticky situations arise. 

Shifting gears to the Relative Strength Index, the 14-day RSI is currently sitting at 70.46, the 7-day is 84.8, and the 3-day is currently at 97.65 for FMC Corporation (FMC). The Relative Strength Index (RSI) is a highly popular momentum indicator used for technical analysis. The RSI can help display whether the bulls or the bears are currently strongest in the market. The RSI may be used to help spot points of reversals more accurately. The RSI was developed by J. Welles Wilder. As a general rule, an RSI reading over 70 would signal overbought conditions. A reading under 30 would indicate oversold conditions. As always, the values may need to be adjusted based on the specific stock and market. RSI can also be a valuable tool for trying to spot larger market turns.

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