STOCK IN FOCUS: ABOITIZ EQUITY VENTURES (AEV)

Figure 1. AEV Price Chart 

Price and moving averages:
AEV has closed below its Short time moving average.
Short time moving average is currently above mid-time, and above long time moving averages.
The relationship between price and moving averages is: neutral in short-term, and bullish in mid-long term.

Bollinger Bands:
AEV has closed above bottom band by 48.7%.
Bollinger Bands are 155.4% wider than normal.
The large width of the bands suggest high volatility as compared to AEV's normal range.  Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this wide range for  12 bars.The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range.

Historical Volatility:

50 day Historical Volatility is 33% (desired: greater than 40%).

6/100 day ratio Historical Volatility is 1.05 ( desired: less than 0.50).

Trend Direction, Strength, and Momentum:

AEV is still moving upward in an extremely strong trend strength.

Overall momentum is also up.

Support/Resistance Lines:

Support: 10.25
Resistance: 12.25

 Figure 2. Other technical indicators

RSI:

The RSI shows overbought (above 70) and oversold (below 30) areas.  The current value of the RSI is 53.83.  This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area.  The last signal was a sell 3 period(s) ago.

Stochastic:

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20).  The Stochastic Oscillator is 27.22.  This is not an overbought or oversold reading.  The last signal was a sell  5 period(s) ago.

MACD:

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. Currently the MACD is bearish since it is trading below its signal line.The MACD crossed below its signal line 2 period(s) ago.