Investors Are Turning Their Attention Towards Shree Renuka Sugars Limited (RENUKA.NS)’s Technicals

Investors Are Turning Their Attention Towards Shree Renuka Sugars Limited (RENUKA.NS)’s Technicals

Shree Renuka Sugars Limited (RENUKA.NS)’s Aroon Up level has reached above the key level of 70, indicating a strong upward trend for the security.  The Aroon indicator was developed by Tushar Chande in 1995. Aroon is used to measure the presence and strength of trends. Aroon can be drawn either as two lines, the Aroon Up and Aroon Down. The Aroon Up and Aroon Down lines oscillate between 0 and […]

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Relevium Technologies Inc (RLV.V)’s AroonUp Technicals Above 70

Relevium Technologies Inc (RLV.V)’s AroonUp Technicals Above 70

Relevium Technologies Inc (RLV.V) has popped on trader’s radar as the share momentum has climbed above the Aroon Up key level of 70. The “Aroon Indicator” is a popular member of the “Oscillator” family of technical indicators. Tushar Chanda developed the Aroon Indicator in 1995 to help traders determine the strength of a trend and whether pricing behavior was favoring a trend or sideways action. Traders use the “Up and […]

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Digging Deeper into Shares of Lennar Corp (LEN.B)

Digging Deeper into Shares of Lennar Corp (LEN.B)

Lennar Corp (LEN.B) shares are showing strong upward momentum according to the Aroon indicator as the reading has climbed above 70.  With the strength building, investors might be taking a look at this name in conjuction with some other indicators. The Aroon Oscillator was developed by Tushar Chande to highlight the start of a new trend and to measure trend strength. Chande first described the indicator in the September 1995 […]

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Ashburton Ventures Inc (ABR.V) AroonUp Indicator Showing Strength

Ashburton Ventures Inc (ABR.V) AroonUp Indicator Showing Strength

Ashburton Ventures Inc (ABR.V) shares are showing strong upward momentum according to the Aroon indicator as the reading has climbed above 70.  With the strength building, investors might be taking a look at this name in conjuction with some other indicators. The Aroon Oscillator was developed by Tushar Chande to highlight the start of a new trend and to measure trend strength. Chande first described the indicator in the September […]

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What’s Behind Bluejay Mining Plc (JAY.L)? Technical Indicators Under Review

What’s Behind Bluejay Mining Plc (JAY.L)? Technical Indicators Under Review

Investors have placed Bluejay Mining Plc (JAY.L) shares on watch as the Aroon Up indicator has moved above 70, indicating that there is strong upward momentum building for the shares.   If Aroon-Up crosses above Aroon-Down to the upside, it signals the beginning of a potential uptrend. When the Aroon-Up line hits 100, price action is making new highs. If Aroon-Up then remains stable between 70 – 100, while Aroon-Down […]

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Ultra Petroleum Corp. (UPL) AroonUp Technicals Showing Momentum Building

Ultra Petroleum Corp. (UPL) AroonUp Technicals Showing Momentum Building

Investors have placed Ultra Petroleum Corp. (UPL) shares on watch as the Aroon Up indicator has moved above 70, indicating that there is strong upward momentum building for the shares.   If Aroon-Up crosses above Aroon-Down to the upside, it signals the beginning of a potential uptrend. When the Aroon-Up line hits 100, price action is making new highs. If Aroon-Up then remains stable between 70 – 100, while Aroon-Down […]

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Taking Aim at Pancontinental Oil & Gas NL (PCL.AX) Shares

Taking Aim at Pancontinental Oil & Gas NL (PCL.AX) Shares

Pancontinental Oil & Gas NL (PCL.AX)’s Aroon Up level has reached above the key level of 70, indicating a strong upward trend for the security.  The Aroon indicator was developed by Tushar Chande in 1995. Aroon is used to measure the presence and strength of trends. Aroon can be drawn either as two lines, the Aroon Up and Aroon Down. The Aroon Up and Aroon Down lines oscillate between 0 […]

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