Drilling into the Technicals & Valuation For Typhoon Exploration Inc (TYP.V)

Typhoon Exploration Inc (TYP.V) touched 0.035 on a recent bid indicating that the Tenkan line is still hovering below the Kijun Sen.  This represents bearish momentum for the shares. Whether or not the shares are ready to break further to the downside is yet to be seen.  

The Tenkan Sen / Kijun Sen Cross signal occurs when the Tenkan Sen (Turning line) crosses the Kijun Sen (Standard line). A bearish signal occurs when the Tenkan Sen crosses from above to below the Kijun Sen. The Ichimoku Kinko Hyo system includes five kinds of signal, of which this site highlights the most recent of each for each ticker.

The Ichimoku signals, including all Ichimoku elements, should never be taken in isolation, but considered in the context of the overall chart. Ichimoku Kinko Hyo is a visual technical analysis system and the charts are designed to be considered in their entirety, with regard given to the relationships between all of the elements, including the price. As such, Ichimoku is not suitable for automated or “single event” decision making.

Investors may be employing many various trading strategies when approaching the markets. Investors may be hoping for sustained upward trends where stocks calmly and steadily advance in that direction. Of course, this isn’t typically the case. Having some foreign exposure in the portfolio may provide overall diversification and also potentially boost performance over time. Investing globally may entail considering the risks of investing in economies that are inherently less developed and thus less liquid. A diversified approach may target foreign markets that have solid growth potential and favorable domestic conditions, such as a stable political setting. Investing globally may require much more research and dedication in order to fully understand the ins and outs.

Investors may be closely watching additional technical levels on shares of Typhoon Exploration Inc (TYP.V). In terms of Relative Strength Index, the 14-day RSI is currently resting at 49.53, the 7-day is 51.36, and the 3-day is standing at 59.26. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is heading lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold.

Traders may be focusing on other technical indicators for stock assessment. Presently, Typhoon Exploration Inc (TYP.V) has a 14-day Commodity Channel Index (CCI) of -84.15. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. CCI may also be used to help discover divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal. Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. Typhoon Exploration Inc (TYP.V)’s Williams %R presently stands at -50.00. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation.

Currently, the 14-day ADX for Typhoon Exploration Inc (TYP.V) is sitting at 8.77. 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.

A widely used tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Moving averages can be very helpful for spotting peaks and troughs. They may also be used to help the trader figure out reliable support and resistance levels for the stock. Currently, the 200-day MA is sitting at 0.06.

Keeping watch on technicals may involve many different plans and scenarios. Investors may be seeking to get some clarity about a certain stock’s history, and eventually try to project the future. With so much historical data available, investors may choose to look at many different time frames when examining a stock. Going back days, months, of even years, may help broaden the scope and help investors see the bigger picture. When companies gear up to release the next round of quarterly earnings results, investors will be closely watching to see how profitable the overall quarter was. Occasionally, low expectations may provide ample impetus for future stock gains. Per usual, there will most likely be big winners and losers depending on the strength of the individual reports.