Box Inc (BOX) Seeing Chaikin MF Sinking Below Zero Line

Box Inc (BOX) shares have moved below the Chalkin Money Flow zero line, indicating potential bearish momentum for the shares.  

The Chaikin Money Flow Indicator is an oscillator developed by Marc Chaikin. An oscillator is an indicator that is used as a counter trend showing when the market is overbought or oversold. These indicators are momentum based. The CMF is based largely on the Accumulation Distribution Line; it compares the close value with the high and the low for that same day.  Generally, CMF indicator could be used as an indicator of buying and selling pressure. When CMF is above zero it is indicator of buying pressure and when it is below zero it is indicator of selling pressure.

Checking on current RSI levels on shares of Box Inc (BOX), the 14-day RSI is currently standing at 58.00, the 7-day is at 65.11, and the 3-day is resting at 68.05. Relative Strength Index (RSI) is a frequently used technical analysis tool. RSI helps measure changes in price movement of a specific equity. RSI is a momentum oscillator that moves in a range from 0 to 100. RSI is generally used to interpret whether a stock is overbought or oversold. As a general rule, an RSI over 70 may indicate an overbought situation. On the other end of the spectrum, a reading under 30 may indicate an oversold situation.

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Box Inc (BOX) currently has a 14-day Commodity Channel Index (CCI) of 95.84. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

Shares of Box Inc (BOX) have a 200-day moving average of 22.62. The 50-day is 17.97, and the 7-day is sitting at 18.79. Using a bigger time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price fluctuations. In some cases, MA’s may be used as strong reference points for spotting support and resistance levels.

The Average Directional Index or ADX is technical analysis indicator used to describe if a market is trending or not trending. The ADX alone measures trend strength but not direction. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. Currently, the 14-day ADX for Box Inc (BOX) is 20.71. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The Williams Percent Range or Williams %R is another technical indicator that may be useful for traders and investors.

The Williams %R is designed to provide a general sense of when the equity might have reached an extreme and be primed for a reversal. As a general observance, the more overbought or oversold the reading displays, the more likely a reversal may take place. The 14 day Williams %R for Box Inc (BOX) is noted at -14.98. Many consider the equity oversold if the reading is below -80 and overbought if the indicator is between 0 and -20.

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