Alternative Fuels Industry

Monitor and predict the growth prospects and potential risks of the Alternative Fuels industry by examining the financial and macroeconomic factors affecting it and the latest Alternative Fuels news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Alternative Fuels updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.

Click to explore the factors and the financial models used by MacroVar to analyze the Alternative Fuels industry trend, growth prospects and risks.

Alternative Fuels Industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Alternative Fuels industry US.ALTERNATIVEFUELS 474.99 0.5 -0.25 -0.40473 59.7695 0.00715 0.04612 0.25116 -0.23899

Alternative Fuels Industry News

Alternative Fuels Industry Analysis

MacroVar monitors the performance, risk, trend and momentum of the Alternative Fuels industry by examining the stock and credit performance of major Alternative Fuels companies across the US, Europe, Eastern Europe and Asia Pacific. Alternative Fuels Stock performance is monitored by analyzing STOXX equity indices of major Alternative Fuels companies while Alternative Fuels credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Alternative Fuels high yield corporate bond market.

MacroVar also monitors fundamental indicators closely linked to the Alternative Fuels sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.

MacroVar also monitors other factors closely related to the Alternative Fuels industry like closely related financial markets or macroeconmic indicators.

MacroVar estimates the following signals:: Alternative Fuels momentum, Alternative Fuels trend, Alternative Fuels oscillator, Alternative Fuels RSI and Alternative Fuels returns.

Alternative Fuels description

The Alternative Fuels subsector includes companies engaged in the production of alternative fuels such as ethanol, methanol, hydrogen and biofuels that are mainly used to power vehicles, and companies that are involved in the production of vehicle fuel cells and/or the development of alternative fuelling infrastructure.

Alternative Fuels Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar Alternative Fuels momentum signal ranges from -100 to +100. The Alternative Fuels momentum signal is derived as the mean value from 4 calculations for the Alternative Fuels . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Alternative Fuels return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Alternative Fuels momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Alternative Fuels momentum signal moves from positive to negative value or vice-versa.

Alternative Fuels trend

Alternative Fuels trend signal ranges from -100 to +100. Alternative Fuels trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Alternative Fuels Closing price vs Alternative Fuels moving average (MA) calculation: If Alternative Fuels is greater than Alternative Fuels MA value is +1, else -1, 2. Alternative Fuels Moving average slope calculation: if current Alternative Fuels moving average is higher than the previous MA, Alternative Fuels upward slope +1, else -1
Alternative Fuels trend model can be used as a trend strength indicator. Alternative Fuels trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Alternative Fuels trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Alternative Fuels 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Alternative Fuels is in an uptrend when Alternative Fuels price is higher than the 52-week moving average and the Alternative Fuels 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Alternative Fuels oscillator and Alternative Fuels RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Alternative Fuels oscillator

The Alternative Fuels oscillator estimated by MacroVar is the z-score of the currentAlternative Fuels price versus Alternative Fuels 1-year simple moving average price. The formula for the Alternative Fuels oscillator is:
Alternative Fuels oscillator = (Current Price – 250 trading days Alternative Fuels simple moving average price) / (250 days Alternative Fuels price standard deviation)

Alternative Fuels oversold conditions
Alternative Fuels is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Alternative Fuels is oversold it is often due for a rebound. Values of the Alternative Fuels oscillator lower than -2.5 signify oversold conditions. It must be noted that the Alternative Fuels oscillator must be analyzed ibn conjunction with the rest ofAlternative Fuels quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Alternative Fuels RSI.
Alternative Fuels overbought conditions
Alternative Fuels is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Alternative Fuels is overbought it is often due for a correction. Values of the Alternative Fuels oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Alternative Fuels quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Alternative Fuels RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Alternative Fuels is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringAlternative Fuels uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Alternative Fuels returns

MacroVar calculates Alternative Fuels returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Alternative Fuels returns = (Alternative Fuels Closing Price – Alternative Fuels Previous Price)/(Alternative Fuels Previous Price)

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Alternative Fuels Industry

Monitor and predict the growth prospects and potential risks of the Alternative Fuels industry by examining the financial and macroeconomic factors affecting it and the latest Alternative Fuels news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Alternative Fuels updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.

Click to explore the factors and the financial models used by MacroVar to analyze the Alternative Fuels industry trend, growth prospects and risks.

Alternative Fuels Industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Alternative Fuels industry US.ALTERNATIVEFUELS 474.99 0.5 -0.25 -0.40473 59.7695 0.00715 0.04612 0.25116 -0.23899

Alternative Fuels Industry News

Alternative Fuels Industry Analysis

MacroVar monitors the performance, risk, trend and momentum of the Alternative Fuels industry by examining the stock and credit performance of major Alternative Fuels companies across the US, Europe, Eastern Europe and Asia Pacific. Alternative Fuels Stock performance is monitored by analyzing STOXX equity indices of major Alternative Fuels companies while Alternative Fuels credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Alternative Fuels high yield corporate bond market.

MacroVar also monitors fundamental indicators closely linked to the Alternative Fuels sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.

MacroVar also monitors other factors closely related to the Alternative Fuels industry like closely related financial markets or macroeconmic indicators.

MacroVar estimates the following signals:: Alternative Fuels momentum, Alternative Fuels trend, Alternative Fuels oscillator, Alternative Fuels RSI and Alternative Fuels returns.

Alternative Fuels description

The Alternative Fuels subsector includes companies engaged in the production of alternative fuels such as ethanol, methanol, hydrogen and biofuels that are mainly used to power vehicles, and companies that are involved in the production of vehicle fuel cells and/or the development of alternative fuelling infrastructure.

Alternative Fuels Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar Alternative Fuels momentum signal ranges from -100 to +100. The Alternative Fuels momentum signal is derived as the mean value from 4 calculations for the Alternative Fuels . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Alternative Fuels return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Alternative Fuels momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Alternative Fuels momentum signal moves from positive to negative value or vice-versa.

Alternative Fuels trend

Alternative Fuels trend signal ranges from -100 to +100. Alternative Fuels trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Alternative Fuels Closing price vs Alternative Fuels moving average (MA) calculation: If Alternative Fuels is greater than Alternative Fuels MA value is +1, else -1, 2. Alternative Fuels Moving average slope calculation: if current Alternative Fuels moving average is higher than the previous MA, Alternative Fuels upward slope +1, else -1
Alternative Fuels trend model can be used as a trend strength indicator. Alternative Fuels trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Alternative Fuels trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Alternative Fuels 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Alternative Fuels is in an uptrend when Alternative Fuels price is higher than the 52-week moving average and the Alternative Fuels 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Alternative Fuels oscillator and Alternative Fuels RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Alternative Fuels oscillator

The Alternative Fuels oscillator estimated by MacroVar is the z-score of the currentAlternative Fuels price versus Alternative Fuels 1-year simple moving average price. The formula for the Alternative Fuels oscillator is:
Alternative Fuels oscillator = (Current Price – 250 trading days Alternative Fuels simple moving average price) / (250 days Alternative Fuels price standard deviation)

Alternative Fuels oversold conditions
Alternative Fuels is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Alternative Fuels is oversold it is often due for a rebound. Values of the Alternative Fuels oscillator lower than -2.5 signify oversold conditions. It must be noted that the Alternative Fuels oscillator must be analyzed ibn conjunction with the rest ofAlternative Fuels quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Alternative Fuels RSI.
Alternative Fuels overbought conditions
Alternative Fuels is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Alternative Fuels is overbought it is often due for a correction. Values of the Alternative Fuels oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Alternative Fuels quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Alternative Fuels RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Alternative Fuels is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringAlternative Fuels uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Alternative Fuels returns

MacroVar calculates Alternative Fuels returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Alternative Fuels returns = (Alternative Fuels Closing Price – Alternative Fuels Previous Price)/(Alternative Fuels Previous Price)

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Alternative Fuels Industry

Monitor and predict the growth prospects and potential risks of the Alternative Fuels industry by examining the financial and macroeconomic factors affecting it and the latest Alternative Fuels news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Alternative Fuels updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.

Click to explore the factors and the financial models used by MacroVar to analyze the Alternative Fuels industry trend, growth prospects and risks.

Alternative Fuels Industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Alternative Fuels industry US.ALTERNATIVEFUELS 474.99 0.5 -0.25 -0.40473 59.7695 0.00715 0.04612 0.25116 -0.23899

Alternative Fuels Industry News

Alternative Fuels Industry Analysis

MacroVar monitors the performance, risk, trend and momentum of the Alternative Fuels industry by examining the stock and credit performance of major Alternative Fuels companies across the US, Europe, Eastern Europe and Asia Pacific. Alternative Fuels Stock performance is monitored by analyzing STOXX equity indices of major Alternative Fuels companies while Alternative Fuels credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Alternative Fuels high yield corporate bond market.

MacroVar also monitors fundamental indicators closely linked to the Alternative Fuels sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.

MacroVar also monitors other factors closely related to the Alternative Fuels industry like closely related financial markets or macroeconmic indicators.

MacroVar estimates the following signals:: Alternative Fuels momentum, Alternative Fuels trend, Alternative Fuels oscillator, Alternative Fuels RSI and Alternative Fuels returns.

Alternative Fuels description

The Alternative Fuels subsector includes companies engaged in the production of alternative fuels such as ethanol, methanol, hydrogen and biofuels that are mainly used to power vehicles, and companies that are involved in the production of vehicle fuel cells and/or the development of alternative fuelling infrastructure.

Alternative Fuels Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar Alternative Fuels momentum signal ranges from -100 to +100. The Alternative Fuels momentum signal is derived as the mean value from 4 calculations for the Alternative Fuels . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Alternative Fuels return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Alternative Fuels momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Alternative Fuels momentum signal moves from positive to negative value or vice-versa.

Alternative Fuels trend

Alternative Fuels trend signal ranges from -100 to +100. Alternative Fuels trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Alternative Fuels Closing price vs Alternative Fuels moving average (MA) calculation: If Alternative Fuels is greater than Alternative Fuels MA value is +1, else -1, 2. Alternative Fuels Moving average slope calculation: if current Alternative Fuels moving average is higher than the previous MA, Alternative Fuels upward slope +1, else -1
Alternative Fuels trend model can be used as a trend strength indicator. Alternative Fuels trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Alternative Fuels trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Alternative Fuels 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Alternative Fuels is in an uptrend when Alternative Fuels price is higher than the 52-week moving average and the Alternative Fuels 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Alternative Fuels oscillator and Alternative Fuels RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Alternative Fuels oscillator

The Alternative Fuels oscillator estimated by MacroVar is the z-score of the currentAlternative Fuels price versus Alternative Fuels 1-year simple moving average price. The formula for the Alternative Fuels oscillator is:
Alternative Fuels oscillator = (Current Price – 250 trading days Alternative Fuels simple moving average price) / (250 days Alternative Fuels price standard deviation)

Alternative Fuels oversold conditions
Alternative Fuels is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Alternative Fuels is oversold it is often due for a rebound. Values of the Alternative Fuels oscillator lower than -2.5 signify oversold conditions. It must be noted that the Alternative Fuels oscillator must be analyzed ibn conjunction with the rest ofAlternative Fuels quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Alternative Fuels RSI.
Alternative Fuels overbought conditions
Alternative Fuels is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Alternative Fuels is overbought it is often due for a correction. Values of the Alternative Fuels oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Alternative Fuels quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Alternative Fuels RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Alternative Fuels is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringAlternative Fuels uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Alternative Fuels returns

MacroVar calculates Alternative Fuels returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Alternative Fuels returns = (Alternative Fuels Closing Price – Alternative Fuels Previous Price)/(Alternative Fuels Previous Price)

level”:1} –>

Alternative Fuels Industry

Monitor and predict the growth prospects and potential risks of the Alternative Fuels industry by examining the financial and macroeconomic factors affecting it and the latest Alternative Fuels news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Alternative Fuels updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.

Click to explore the factors and the financial models used by MacroVar to analyze the Alternative Fuels industry trend, growth prospects and risks.

Alternative Fuels Industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Alternative Fuels industry US.ALTERNATIVEFUELS 474.99 0.5 -0.25 -0.40473 59.7695 0.00715 0.04612 0.25116 -0.23899

Alternative Fuels Industry News

Alternative Fuels Industry Analysis

MacroVar monitors the performance, risk, trend and momentum of the Alternative Fuels industry by examining the stock and credit performance of major Alternative Fuels companies across the US, Europe, Eastern Europe and Asia Pacific. Alternative Fuels Stock performance is monitored by analyzing STOXX equity indices of major Alternative Fuels companies while Alternative Fuels credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Alternative Fuels high yield corporate bond market.

MacroVar also monitors fundamental indicators closely linked to the Alternative Fuels sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.

MacroVar also monitors other factors closely related to the Alternative Fuels industry like closely related financial markets or macroeconmic indicators.

MacroVar estimates the following signals:: Alternative Fuels momentum, Alternative Fuels trend, Alternative Fuels oscillator, Alternative Fuels RSI and Alternative Fuels returns.

Alternative Fuels description

The Alternative Fuels subsector includes companies engaged in the production of alternative fuels such as ethanol, methanol, hydrogen and biofuels that are mainly used to power vehicles, and companies that are involved in the production of vehicle fuel cells and/or the development of alternative fuelling infrastructure.

Alternative Fuels Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar Alternative Fuels momentum signal ranges from -100 to +100. The Alternative Fuels momentum signal is derived as the mean value from 4 calculations for the Alternative Fuels . The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Alternative Fuels return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Alternative Fuels momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Alternative Fuels momentum signal moves from positive to negative value or vice-versa.

Alternative Fuels trend

Alternative Fuels trend signal ranges from -100 to +100. Alternative Fuels trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Alternative Fuels Closing price vs Alternative Fuels moving average (MA) calculation: If Alternative Fuels is greater than Alternative Fuels MA value is +1, else -1, 2. Alternative Fuels Moving average slope calculation: if current Alternative Fuels moving average is higher than the previous MA, Alternative Fuels upward slope +1, else -1
Alternative Fuels trend model can be used as a trend strength indicator. Alternative Fuels trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Alternative Fuels trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Alternative Fuels 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Alternative Fuels is in an uptrend when Alternative Fuels price is higher than the 52-week moving average and the Alternative Fuels 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Alternative Fuels oscillator and Alternative Fuels RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Alternative Fuels oscillator

The Alternative Fuels oscillator estimated by MacroVar is the z-score of the currentAlternative Fuels price versus Alternative Fuels 1-year simple moving average price. The formula for the Alternative Fuels oscillator is:
Alternative Fuels oscillator = (Current Price – 250 trading days Alternative Fuels simple moving average price) / (250 days Alternative Fuels price standard deviation)

Alternative Fuels oversold conditions
Alternative Fuels is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Alternative Fuels is oversold it is often due for a rebound. Values of the Alternative Fuels oscillator lower than -2.5 signify oversold conditions. It must be noted that the Alternative Fuels oscillator must be analyzed ibn conjunction with the rest ofAlternative Fuels quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Alternative Fuels RSI.
Alternative Fuels overbought conditions
Alternative Fuels is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Alternative Fuels is overbought it is often due for a correction. Values of the Alternative Fuels oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Alternative Fuels quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Alternative Fuels RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Alternative Fuels is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringAlternative Fuels uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Alternative Fuels returns

MacroVar calculates Alternative Fuels returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Alternative Fuels returns = (Alternative Fuels Closing Price – Alternative Fuels Previous Price)/(Alternative Fuels Previous Price)