Distillers & Vintners industry

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

Distillers & Vintners industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Distillers & Vintners industry US.DISTILLERS 494.38 0.5 -0.25 -0.62535 54.6614 0.01513 0.05675 0.02803 -0.01883

Distillers & Vintners industry News

Distillers & Vintners industry Analysis

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

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

MacroVar estimates the following signals:: Distillers & Vintners momentum, Distillers & Vintners trend, Distillers & Vintners oscillator, Distillers & Vintners RSI and Distillers & Vintners returns.

Distillers & Vintners industry description

The subsector of Distillers & Vintners includes companies like Producers, distillers, vintners, blenders and shippers of wine and spirits such as whisky, brandy, rum, gin or liqueurs.

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

Distillers & Vintners industry trend

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

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

Distillers & Vintners industry oscillator

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

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

Distillers & Vintners 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 Distillers & Vintners is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDistillers & Vintners 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.

Distillers & Vintners industry returns

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

Distillers & Vintners returns = (Distillers & Vintners Closing Price – Distillers & Vintners Previous Price)/(Distillers & Vintners Previous Price)

Distillers & Vintners industry

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

Distillers & Vintners industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Distillers & Vintners industry US.DISTILLERS 494.38 0.5 -0.25 -0.62535 54.6614 0.01513 0.05675 0.02803 -0.01883

Distillers & Vintners industry News

Distillers & Vintners industry Analysis

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

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

MacroVar estimates the following signals:: Distillers & Vintners momentum, Distillers & Vintners trend, Distillers & Vintners oscillator, Distillers & Vintners RSI and Distillers & Vintners returns.

Distillers & Vintners industry description

The subsector of Distillers & Vintners includes companies like Producers, distillers, vintners, blenders and shippers of wine and spirits such as whisky, brandy, rum, gin or liqueurs.

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

Distillers & Vintners industry trend

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

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

Distillers & Vintners industry oscillator

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

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

Distillers & Vintners 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 Distillers & Vintners is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDistillers & Vintners 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.

Distillers & Vintners industry returns

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

Distillers & Vintners returns = (Distillers & Vintners Closing Price – Distillers & Vintners Previous Price)/(Distillers & Vintners Previous Price)

Distillers & Vintners industry

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

Distillers & Vintners industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Distillers & Vintners industry US.DISTILLERS 494.38 0.5 -0.25 -0.62535 54.6614 0.01513 0.05675 0.02803 -0.01883

Distillers & Vintners industry News

Distillers & Vintners industry Analysis

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

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

MacroVar estimates the following signals:: Distillers & Vintners momentum, Distillers & Vintners trend, Distillers & Vintners oscillator, Distillers & Vintners RSI and Distillers & Vintners returns.

Distillers & Vintners industry description

The subsector of Distillers & Vintners includes companies like Producers, distillers, vintners, blenders and shippers of wine and spirits such as whisky, brandy, rum, gin or liqueurs.

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

Distillers & Vintners industry trend

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

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

Distillers & Vintners industry oscillator

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

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

Distillers & Vintners 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 Distillers & Vintners is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDistillers & Vintners 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.

Distillers & Vintners industry returns

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

Distillers & Vintners returns = (Distillers & Vintners Closing Price – Distillers & Vintners Previous Price)/(Distillers & Vintners Previous Price)

Distillers & Vintners industry

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

Distillers & Vintners industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Distillers & Vintners industry US.DISTILLERS 494.38 0.5 -0.25 -0.62535 54.6614 0.01513 0.05675 0.02803 -0.01883

Distillers & Vintners industry News

Distillers & Vintners industry Analysis

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

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

MacroVar estimates the following signals:: Distillers & Vintners momentum, Distillers & Vintners trend, Distillers & Vintners oscillator, Distillers & Vintners RSI and Distillers & Vintners returns.

Distillers & Vintners industry description

The subsector of Distillers & Vintners includes companies like Producers, distillers, vintners, blenders and shippers of wine and spirits such as whisky, brandy, rum, gin or liqueurs.

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

Distillers & Vintners industry trend

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

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

Distillers & Vintners industry oscillator

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

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

Distillers & Vintners 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 Distillers & Vintners is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDistillers & Vintners 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.

Distillers & Vintners industry returns

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

Distillers & Vintners returns = (Distillers & Vintners Closing Price – Distillers & Vintners Previous Price)/(Distillers & Vintners Previous Price)