China Commercial Credit, Inc. (CCCR) Acts in Response on Unparallel Developments

0
20

China Commercial Credit, Inc. (NASDAQ:CCCR) has debt to equity ratio of 0.01 and similar long term debt to equity ratio was 0.01. CCCR shares price jumped down -33.85% during latest trading session. The stock traded on impressive volume of 2.26 Million comparing to the average volume of 163.60 shares, completing picture of exact trends with uncompleted dots in volume over the norm.

The volatility measures taking place as price volatility of stock was 22.04% for a week and 10.08% for a month. The traders appear at its historical volatility to assist determine the relative risk of a possible trade. The primary measure of volatility used by traders and analysts is standard deviation. This metric reflects the average amount a stock’s price has differed from the mean over a period of time. Confine focus to firm performance, its weekly performance was -48.33% and monthly performance was -52.51%. The stock price of CCCR is moving down from its 20 days moving average with -45.36% and isolated negatively from 50 days moving average with -46.52%.

RSI reading reached at 15.65 because on this mostly stock considered as overbought or oversold. Taking current value along prior value is a smoothing technique similar to that used in calculating an exponential moving average. Also this means that RSI values turn into more accurate as the calculation period extends. And SharpCharts uses as a minimum 250 data points prior to the starting date of any chart (assuming that much data exists) at what time calculating its RSI values. To exactly replicate our RSI numbers, a formula will need at least 250 data points. As for a performance, the company’s showed felling down to knees trend of 34.92% since start of the year and revealed jumped down activity of -36.33% for the past three months.

CCCR average true range may be heating up this temperature with value of 0.29. ATR is an exponential moving average (consist of 14 trading days) of the True Ranges that is explaining range of a day’s trading is high-low. Most of traders have the same opinion that volatility shows clear cycles and relying on this belief, ATR can be used to set up entry signals. The ATR breakout systems are frequently used by short-term traders to time entries.

LEAVE A REPLY