As of morning trading, VBI Vaccines Inc. (NASDAQ:$VBIV) shares are revealing a strong upward momentum, with the Aroon indicator reading above 70. Many investors are intrigued. Let’s look at the different metrics of measurement used to determine VBI’s current standing.
The Aroon Oscillator is a metric of measurement for a stock’s trend strength. An Aroon Up level above 70 indicates a strong uptrend, while Aroon Down above 70 indicates a strong downward trend. Similarly, Aroon Up below 50 warns that the uptrend is weakening, while Aroon Down below 50 warns that the downtrend is weakening.
VBI’s current 14-day RSI is at 57.17, and the 7-day trend is at 69.34.
Other technical indicators for investors to focus on may be the Commodity Channel Index (CCI). Currently, VBI sits at 132.780. This measurement is used to help decipher if a stock is overbought or oversold. A CCI closer to +100 reveals an overbought signal, while a CCI near -100 reveal an oversold signal.
Further, as for Williams Percent Range, or Williams %R is presented at a -6.02. A reading between 0 and -20 would reveal an overbought situation, a reading from -80 to -100 would reveal an oversold situation.
Lastly, the moving average is one of the most widely-used tool among technical stock analysts. This metric is useful when determining the moving averages through peaks and troughs. As for VBI, the current 200-day MA is sitting at 4.23.
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