Indiabulls Housing Finance Ltd (IBULHSGFIN.BO) Seeing Increased Action in Session

Indiabulls Housing Finance Ltd (IBULHSGFIN.BO) shares are moving today on volatility 2.26% or 27.30 from the open. The BSE listed company saw a recent bid of 1234.30 and 86864 shares have traded hands in the session.

Many individuals strive to become successful stock market traders. In reality, it can be very difficult for the average trader to stay afloat during the process of learning all the ins and outs the market. Of course there will always be those who happen to get lucky and end up making a lot of money in the stock market with little knowledge. There will also be a number of people who never experience any type of success trading the stock market. Learning how to properly manage risk and keep emotions in check may be two of the more important aspects of trading the equity market. Although there may be a trading strategy that works for one individual, it may not produce the same results when employed by another individual. 

Indiabulls Housing Finance Ltd (IBULHSGFIN.BO) has a 14-day ATR of 37.49. The Average True Range is an investor tool used to measure stock volatility. The ATR is not used to figure out price direction, just to measure volatility. The ATR is an indicator developed by J. Welles Wilder. Wilder has developed multiple indicators that are still quite popular in today’s investing landscape. The general interpretation of the ATR is the higher the ATR value, the higher the volatility.

Currently, the 14-day ADX for Indiabulls Housing Finance Ltd (IBULHSGFIN.BO) is sitting at 25.55. 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.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSIfor Indiabulls Housing Finance Ltd (IBULHSGFIN.BO) is currently at 48.95, the 7-day stands at 47.05, and the 3-day is sitting at 60.20.

Looking further at additional technical indicators we can see that the 14-day Commodity Channel Index (CCI) for Indiabulls Housing Finance Ltd (IBULHSGFIN.BO) is sitting at -45.23. CCI is an indicator used in technical analysis that was designed by Donald Lambert. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold).

Moving averages can help spot trends and price reversals. They may also be used to help find support or resistance levels. Moving averages are considered to be lagging indicators meaning that they confirm trends. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward. On the other side, a stock may be considered to be in a downtrend if trading below the moving average and sloping downward. Shares of Indiabulls Housing Finance Ltd (IBULHSGFIN.BO) have a 7-day moving average of 1222.93. Taking a glance at the relative strength indictor, we note that the 14-day RSI is currently at 48.95, the 7-day stands at 47.05, and the 3-day is sitting at 60.20.