Delivery Services industry

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

Delivery Services industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Delivery Services industry US.DELSERVICES 1618.46 0 0.5 -0.03433 55.6904 -0.0166 0.06526 0.03059 0.09501

Delivery Services industry News

Delivery Services industry Analysis

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

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

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

Delivery Services description

The Delivery Services subsector includes Operators of mail and package delivery services for commercial and consumer use. Includes courier and logistic services primarily involving air transportation.

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

Delivery Services trend

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

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

Delivery Services oscillator

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

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

Delivery Services 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 Delivery Services is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDelivery Services 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.

Delivery Services returns

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

Delivery Services returns = (Delivery Services Closing Price – Delivery Services Previous Price)/(Delivery Services Previous Price)

Delivery Services industry

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

Delivery Services industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Delivery Services industry US.DELSERVICES 1618.46 0 0.5 -0.03433 55.6904 -0.0166 0.06526 0.03059 0.09501

Delivery Services industry News

Delivery Services industry Analysis

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

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

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

Delivery Services description

The Delivery Services subsector includes Operators of mail and package delivery services for commercial and consumer use. Includes courier and logistic services primarily involving air transportation.

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

Delivery Services trend

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

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

Delivery Services oscillator

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

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

Delivery Services 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 Delivery Services is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDelivery Services 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.

Delivery Services returns

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

Delivery Services returns = (Delivery Services Closing Price – Delivery Services Previous Price)/(Delivery Services Previous Price)

Delivery Services industry

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

Delivery Services industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Delivery Services industry US.DELSERVICES 1618.46 0 0.5 -0.03433 55.6904 -0.0166 0.06526 0.03059 0.09501

Delivery Services industry News

Delivery Services industry Analysis

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

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

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

Delivery Services description

The Delivery Services subsector includes Operators of mail and package delivery services for commercial and consumer use. Includes courier and logistic services primarily involving air transportation.

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

Delivery Services trend

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

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

Delivery Services oscillator

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

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

Delivery Services 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 Delivery Services is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDelivery Services 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.

Delivery Services returns

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

Delivery Services returns = (Delivery Services Closing Price – Delivery Services Previous Price)/(Delivery Services Previous Price)

Delivery Services industry

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

Delivery Services industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Delivery Services industry US.DELSERVICES 1618.46 0 0.5 -0.03433 55.6904 -0.0166 0.06526 0.03059 0.09501

Delivery Services industry News

Delivery Services industry Analysis

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

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

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

Delivery Services description

The Delivery Services subsector includes Operators of mail and package delivery services for commercial and consumer use. Includes courier and logistic services primarily involving air transportation.

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

Delivery Services trend

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

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

Delivery Services oscillator

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

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

Delivery Services 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 Delivery Services is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDelivery Services 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.

Delivery Services returns

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

Delivery Services returns = (Delivery Services Closing Price – Delivery Services Previous Price)/(Delivery Services Previous Price)