General Industrials industry

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

General Industrials industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US General Industrials industry US.GENINDUSTRIALS 525.14 0.5 -0.5 -1.57812 57.2752 0.007 0.0598 0.02866 -0.04743
Europe General Industrials industry EU.GENINDUSTRIALS 966.03 0.5 1 1.44547 66.8151 -0.00521 0.01973 0.04522 0.34354
US General Industrials Credit Spreads US.GENINDUSTRIALS.CR 127.61 0 0.75 2.68528 53.4676 -0.01208 -0.0887 0.09612 0.25576

General Industrials industry News

General Industrials industry Analysis

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

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

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

General Industrials description

The General Industrials sector includes the subsectors of Containers & Packaging and Diversified Industrials.
The subsector of Containers & Packaging companies engaged in the production and distribution of cardboard, bags, boxes, cans, drums, bottles and jars and glass used for packaging.
The subsector of Diversified Industrials includes companies engaged in three or more classes of business within the Industrial industry that differ substantially from each other.

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

General Industrials trend

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

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

General Industrials oscillator

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

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

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

General Industrials returns

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

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

General Industrials industry

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

General Industrials industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US General Industrials industry US.GENINDUSTRIALS 525.14 0.5 -0.5 -1.57812 57.2752 0.007 0.0598 0.02866 -0.04743
Europe General Industrials industry EU.GENINDUSTRIALS 966.03 0.5 1 1.44547 66.8151 -0.00521 0.01973 0.04522 0.34354
US General Industrials Credit Spreads US.GENINDUSTRIALS.CR 127.61 0 0.75 2.68528 53.4676 -0.01208 -0.0887 0.09612 0.25576

General Industrials industry News

General Industrials industry Analysis

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

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

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

General Industrials description

The General Industrials sector includes the subsectors of Containers & Packaging and Diversified Industrials.
The subsector of Containers & Packaging companies engaged in the production and distribution of cardboard, bags, boxes, cans, drums, bottles and jars and glass used for packaging.
The subsector of Diversified Industrials includes companies engaged in three or more classes of business within the Industrial industry that differ substantially from each other.

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

General Industrials trend

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

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

General Industrials oscillator

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

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

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

General Industrials returns

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

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

General Industrials industry

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

General Industrials industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US General Industrials industry US.GENINDUSTRIALS 525.14 0.5 -0.5 -1.57812 57.2752 0.007 0.0598 0.02866 -0.04743
Europe General Industrials industry EU.GENINDUSTRIALS 966.03 0.5 1 1.44547 66.8151 -0.00521 0.01973 0.04522 0.34354
US General Industrials Credit Spreads US.GENINDUSTRIALS.CR 127.61 0 0.75 2.68528 53.4676 -0.01208 -0.0887 0.09612 0.25576

General Industrials industry News

General Industrials industry Analysis

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

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

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

General Industrials description

The General Industrials sector includes the subsectors of Containers & Packaging and Diversified Industrials.
The subsector of Containers & Packaging companies engaged in the production and distribution of cardboard, bags, boxes, cans, drums, bottles and jars and glass used for packaging.
The subsector of Diversified Industrials includes companies engaged in three or more classes of business within the Industrial industry that differ substantially from each other.

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

General Industrials trend

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

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

General Industrials oscillator

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

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

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

General Industrials returns

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

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

General Industrials industry

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

General Industrials industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US General Industrials industry US.GENINDUSTRIALS 525.14 0.5 -0.5 -1.57812 57.2752 0.007 0.0598 0.02866 -0.04743
Europe General Industrials industry EU.GENINDUSTRIALS 966.03 0.5 1 1.44547 66.8151 -0.00521 0.01973 0.04522 0.34354
US General Industrials Credit Spreads US.GENINDUSTRIALS.CR 127.61 0 0.75 2.68528 53.4676 -0.01208 -0.0887 0.09612 0.25576

General Industrials industry News

General Industrials industry Analysis

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

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

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

General Industrials description

The General Industrials sector includes the subsectors of Containers & Packaging and Diversified Industrials.
The subsector of Containers & Packaging companies engaged in the production and distribution of cardboard, bags, boxes, cans, drums, bottles and jars and glass used for packaging.
The subsector of Diversified Industrials includes companies engaged in three or more classes of business within the Industrial industry that differ substantially from each other.

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

General Industrials trend

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

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

General Industrials oscillator

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

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

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

General Industrials returns

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

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