Thunder Energies Cor ($TNRG) is 32% Buy. Pivot
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Pivot Points of Thunder Energies Cor (TNRG) in Focus
Posted by PCN Staff Writer on March 5, 2019 at 3:47 pm
A “pivot point” is a technical analysis indicator used to glean the overall trend of the market over differing time periods. The pivot point itself is simply the average of the high, low and closing prices from the previous day’s trading. On the following day, any trading above the pivot point indicates ongoing bullish trends, while trading below the pivot point indicates a bearish trend. Pivot point analysis is used in calculating support and resistance levels, much like trend line analysis. In pivot point analysis, the first support and resistance levels are found by utilizing the width of the trading range between the pivot point and either the high or low prices of the previous trading day. Secondary support and resistance levels are found using the full width between the high and low prices of the previous trading day.
Pivot points are oft-used indicators for trading futures, commodities, and stocks. They are static, remaining at the same price level throughout the day. Five pivot point levels are generated by using data from the previous day’s trading range. These are composed of a pivot point and two higher pivot point resistances called R1 and R2 and also two lower pivot point supports called as S1 and S2. Thunder Energies Cor (TNRG)’s Pivot Point is 0.014. Its 1st Resistance Point is 0.017 and its 2nd Resistance Point is 0.0205. The 1st Support Point is 0.0105 while its 2nd Support Point is 0.0075.
Thunder Energies Cor (TNRG)’s Raw Stochastic, which shows (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days is 58.82%. Their Stochastic %K, which indicates (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days with a 3-period exponential moving average applied is 60.46%. Finally, their Stochastic %D, the indicator that shows (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days with a 3-period exponential moving average applied, is 46.04%.
Known also as statistical volatility, Historical Volatility is the realized volatility of a financial instrument over a specified period of time. The measure is calculated by finding the average deviation from the average price of a commodity during a specified time period.
Standard deviation is the most common, though not only, way to calculate historical volatility. Thunder Energies Cor (TNRG)’s 9-Day Historical Volatility is 341.24%, its 14-Day Historical Volatility is 361.32%, and looking back further, its 20-Day Historical Volatility is 549.34%.
Thunder Energies Cor (TNRG)’s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Sell.
Barchart Opinions show investors what a variety of popular trading systems are suggesting. These Opinions take up to 2 years’ worth of historical data and runs the prices through thirteen technical indicators. After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study.
Today’s opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Thunder Energies Cor (TNRG) is 32% Buy.