Defense industry

Monitor and predict the growth prospects and potential risks of the Defense industry by examining the financial and macroeconomic factors affecting it and the latest Defense news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Defense 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 Defense industry trend, growth prospects and risks.

Defense industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Defense industry US.DEFENSE 550.36 0 0.75 2.5842 52.2853 -0.00286 -0.01692 0.09773 0.20124

Defense industry News

Defense industry Analysis

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

MacroVar also monitors fundamental indicators closely linked to the Defense 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 Defense industry like closely related financial markets or macroeconmic indicators.

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

Defense industry description

The Defense industry subsector includes companies engaged in the production of components and equipment for the defense industry, including military aircraft, radar equipment and weapons.

Defense industry 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 Defense momentum signal ranges from -100 to +100. The Defense momentum signal is derived as the mean value from 4 calculations for the Defense . 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. Defense 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. Defense momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Defense momentum signal moves from positive to negative value or vice-versa.

Defense industry trend

Defense trend signal ranges from -100 to +100. Defense 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. Defense Closing price vs Defense moving average (MA) calculation: If Defense is greater than Defense MA value is +1, else -1, 2. Defense Moving average slope calculation: if current Defense moving average is higher than the previous MA, Defense upward slope +1, else -1
Defense trend model can be used as a trend strength indicator. Defense trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Defense trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Defense 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Defense is in an uptrend when Defense price is higher than the 52-week moving average and the Defense 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 Defense oscillator and Defense RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Defense industry oscillator

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

Defense oversold conditions
Defense is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Defense is oversold it is often due for a rebound. Values of the Defense oscillator lower than -2.5 signify oversold conditions. It must be noted that the Defense oscillator must be analyzed ibn conjunction with the rest ofDefense 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 Defense RSI.
Defense overbought conditions
Defense is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Defense is overbought it is often due for a correction. Values of the Defense oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Defense 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.

Defense 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 Defense is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDefense 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.

Defense industry returns

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

Defense returns = (Defense Closing Price – Defense Previous Price)/(Defense Previous Price)

Defense industry

Monitor and predict the growth prospects and potential risks of the Defense industry by examining the financial and macroeconomic factors affecting it and the latest Defense news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Defense 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 Defense industry trend, growth prospects and risks.

Defense industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Defense industry US.DEFENSE 550.36 0 0.75 2.5842 52.2853 -0.00286 -0.01692 0.09773 0.20124

Defense industry News

Defense industry Analysis

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

MacroVar also monitors fundamental indicators closely linked to the Defense 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 Defense industry like closely related financial markets or macroeconmic indicators.

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

Defense industry description

The Defense industry subsector includes companies engaged in the production of components and equipment for the defense industry, including military aircraft, radar equipment and weapons.

Defense industry 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 Defense momentum signal ranges from -100 to +100. The Defense momentum signal is derived as the mean value from 4 calculations for the Defense . 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. Defense 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. Defense momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Defense momentum signal moves from positive to negative value or vice-versa.

Defense industry trend

Defense trend signal ranges from -100 to +100. Defense 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. Defense Closing price vs Defense moving average (MA) calculation: If Defense is greater than Defense MA value is +1, else -1, 2. Defense Moving average slope calculation: if current Defense moving average is higher than the previous MA, Defense upward slope +1, else -1
Defense trend model can be used as a trend strength indicator. Defense trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Defense trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Defense 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Defense is in an uptrend when Defense price is higher than the 52-week moving average and the Defense 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 Defense oscillator and Defense RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Defense industry oscillator

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

Defense oversold conditions
Defense is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Defense is oversold it is often due for a rebound. Values of the Defense oscillator lower than -2.5 signify oversold conditions. It must be noted that the Defense oscillator must be analyzed ibn conjunction with the rest ofDefense 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 Defense RSI.
Defense overbought conditions
Defense is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Defense is overbought it is often due for a correction. Values of the Defense oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Defense 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.

Defense 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 Defense is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDefense 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.

Defense industry returns

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

Defense returns = (Defense Closing Price – Defense Previous Price)/(Defense Previous Price)

Defense industry

Monitor and predict the growth prospects and potential risks of the Defense industry by examining the financial and macroeconomic factors affecting it and the latest Defense news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Defense 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 Defense industry trend, growth prospects and risks.

Defense industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Defense industry US.DEFENSE 550.36 0 0.75 2.5842 52.2853 -0.00286 -0.01692 0.09773 0.20124

Defense industry News

Defense industry Analysis

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

MacroVar also monitors fundamental indicators closely linked to the Defense 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 Defense industry like closely related financial markets or macroeconmic indicators.

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

Defense industry description

The Defense industry subsector includes companies engaged in the production of components and equipment for the defense industry, including military aircraft, radar equipment and weapons.

Defense industry 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 Defense momentum signal ranges from -100 to +100. The Defense momentum signal is derived as the mean value from 4 calculations for the Defense . 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. Defense 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. Defense momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Defense momentum signal moves from positive to negative value or vice-versa.

Defense industry trend

Defense trend signal ranges from -100 to +100. Defense 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. Defense Closing price vs Defense moving average (MA) calculation: If Defense is greater than Defense MA value is +1, else -1, 2. Defense Moving average slope calculation: if current Defense moving average is higher than the previous MA, Defense upward slope +1, else -1
Defense trend model can be used as a trend strength indicator. Defense trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Defense trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Defense 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Defense is in an uptrend when Defense price is higher than the 52-week moving average and the Defense 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 Defense oscillator and Defense RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Defense industry oscillator

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

Defense oversold conditions
Defense is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Defense is oversold it is often due for a rebound. Values of the Defense oscillator lower than -2.5 signify oversold conditions. It must be noted that the Defense oscillator must be analyzed ibn conjunction with the rest ofDefense 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 Defense RSI.
Defense overbought conditions
Defense is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Defense is overbought it is often due for a correction. Values of the Defense oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Defense 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.

Defense 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 Defense is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDefense 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.

Defense industry returns

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

Defense returns = (Defense Closing Price – Defense Previous Price)/(Defense Previous Price)

Defense industry

Monitor and predict the growth prospects and potential risks of the Defense industry by examining the financial and macroeconomic factors affecting it and the latest Defense news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Defense 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 Defense industry trend, growth prospects and risks.

Defense industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Defense industry US.DEFENSE 550.36 0 0.75 2.5842 52.2853 -0.00286 -0.01692 0.09773 0.20124

Defense industry News

Defense industry Analysis

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

MacroVar also monitors fundamental indicators closely linked to the Defense 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 Defense industry like closely related financial markets or macroeconmic indicators.

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

Defense industry description

The Defense industry subsector includes companies engaged in the production of components and equipment for the defense industry, including military aircraft, radar equipment and weapons.

Defense industry 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 Defense momentum signal ranges from -100 to +100. The Defense momentum signal is derived as the mean value from 4 calculations for the Defense . 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. Defense 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. Defense momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Defense momentum signal moves from positive to negative value or vice-versa.

Defense industry trend

Defense trend signal ranges from -100 to +100. Defense 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. Defense Closing price vs Defense moving average (MA) calculation: If Defense is greater than Defense MA value is +1, else -1, 2. Defense Moving average slope calculation: if current Defense moving average is higher than the previous MA, Defense upward slope +1, else -1
Defense trend model can be used as a trend strength indicator. Defense trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Defense trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Defense 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Defense is in an uptrend when Defense price is higher than the 52-week moving average and the Defense 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 Defense oscillator and Defense RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Defense industry oscillator

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

Defense oversold conditions
Defense is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Defense is oversold it is often due for a rebound. Values of the Defense oscillator lower than -2.5 signify oversold conditions. It must be noted that the Defense oscillator must be analyzed ibn conjunction with the rest ofDefense 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 Defense RSI.
Defense overbought conditions
Defense is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Defense is overbought it is often due for a correction. Values of the Defense oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Defense 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.

Defense 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 Defense is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDefense 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.

Defense industry returns

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

Defense returns = (Defense Closing Price – Defense Previous Price)/(Defense Previous Price)