Diversified Industrials industry

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

Diversified Industrials Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Diversified Industrials industry US.DIVINDUSTRIALS 542.09 0.5 -0.5 -1.74052 56.1532 0.00785 0.05759 0.03839 -0.0769

Diversified Industrials News

Diversified Industrials Analysis

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

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

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

Diversified Industrials description

The Diversified Industrials subsector includes industrial companies engaged in three or more classes of business within the Industrial industry that differ substantially from each other

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

Diversified Industrials trend

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

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

Diversified Industrials oscillator

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

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

Diversified Industrials 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 Diversified Industrials is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDiversified Industrials 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.

Diversified Industrials returns

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

Diversified Industrials returns = (Diversified Industrials Closing Price – Diversified Industrials Previous Price)/(Diversified Industrials Previous Price)

Diversified Industrials industry

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

Diversified Industrials Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Diversified Industrials industry US.DIVINDUSTRIALS 542.09 0.5 -0.5 -1.74052 56.1532 0.00785 0.05759 0.03839 -0.0769

Diversified Industrials News

Diversified Industrials Analysis

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

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

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

Diversified Industrials description

The Diversified Industrials subsector includes industrial companies engaged in three or more classes of business within the Industrial industry that differ substantially from each other

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

Diversified Industrials trend

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

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

Diversified Industrials oscillator

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

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

Diversified Industrials 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 Diversified Industrials is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDiversified Industrials 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.

Diversified Industrials returns

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

Diversified Industrials returns = (Diversified Industrials Closing Price – Diversified Industrials Previous Price)/(Diversified Industrials Previous Price)

Diversified Industrials industry

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

Diversified Industrials Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Diversified Industrials industry US.DIVINDUSTRIALS 542.09 0.5 -0.5 -1.74052 56.1532 0.00785 0.05759 0.03839 -0.0769

Diversified Industrials News

Diversified Industrials Analysis

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

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

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

Diversified Industrials description

The Diversified Industrials subsector includes industrial companies engaged in three or more classes of business within the Industrial industry that differ substantially from each other

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

Diversified Industrials trend

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

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

Diversified Industrials oscillator

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

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

Diversified Industrials 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 Diversified Industrials is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDiversified Industrials 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.

Diversified Industrials returns

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

Diversified Industrials returns = (Diversified Industrials Closing Price – Diversified Industrials Previous Price)/(Diversified Industrials Previous Price)

Diversified Industrials industry

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

Diversified Industrials Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Diversified Industrials industry US.DIVINDUSTRIALS 542.09 0.5 -0.5 -1.74052 56.1532 0.00785 0.05759 0.03839 -0.0769

Diversified Industrials News

Diversified Industrials Analysis

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

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

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

Diversified Industrials description

The Diversified Industrials subsector includes industrial companies engaged in three or more classes of business within the Industrial industry that differ substantially from each other

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

Diversified Industrials trend

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

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

Diversified Industrials oscillator

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

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

Diversified Industrials 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 Diversified Industrials is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringDiversified Industrials 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.

Diversified Industrials returns

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

Diversified Industrials returns = (Diversified Industrials Closing Price – Diversified Industrials Previous Price)/(Diversified Industrials Previous Price)