Industrial Transportation industry

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

Industrial Transportation industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Industrial Transportation industry US.INDTRANSPORTATION 1774.54 0 0.75 1.24869 58.8192 -0.00564 0.044 0.04375 0.12895
Europe Industrial Transportation industry EU.INDTRANSPORTATION 891.68 1 1 1.26447 63.9544 0.00268 0.01125 0.05966 0.43145
US Industrial Transportation Credit Spreads US.INDTRANSPORTATION.CR 150.63 0 0.75 2.31182 46.085 -0.00324 -0.09743 0.00979 0.34997

Industrial Transportation industry News

Industrial Transportation industry Analysis

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

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

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

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

Industrial Transportation trend

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

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

Industrial Transportation oscillator

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

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

Industrial Transportation 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 Industrial Transportation is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringIndustrial Transportation 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.

Industrial Transportation returns

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

Industrial Transportation returns = (Industrial Transportation Closing Price – Industrial Transportation Previous Price)/(Industrial Transportation Previous Price)

Industrial Transportation industry

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

Industrial Transportation industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Industrial Transportation industry US.INDTRANSPORTATION 1774.54 0 0.75 1.24869 58.8192 -0.00564 0.044 0.04375 0.12895
Europe Industrial Transportation industry EU.INDTRANSPORTATION 891.68 1 1 1.26447 63.9544 0.00268 0.01125 0.05966 0.43145
US Industrial Transportation Credit Spreads US.INDTRANSPORTATION.CR 150.63 0 0.75 2.31182 46.085 -0.00324 -0.09743 0.00979 0.34997

Industrial Transportation industry News

Industrial Transportation industry Analysis

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

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

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

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

Industrial Transportation trend

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

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

Industrial Transportation oscillator

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

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

Industrial Transportation 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 Industrial Transportation is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringIndustrial Transportation 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.

Industrial Transportation returns

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

Industrial Transportation returns = (Industrial Transportation Closing Price – Industrial Transportation Previous Price)/(Industrial Transportation Previous Price)

Industrial Transportation industry

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

Industrial Transportation industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Industrial Transportation industry US.INDTRANSPORTATION 1774.54 0 0.75 1.24869 58.8192 -0.00564 0.044 0.04375 0.12895
Europe Industrial Transportation industry EU.INDTRANSPORTATION 891.68 1 1 1.26447 63.9544 0.00268 0.01125 0.05966 0.43145
US Industrial Transportation Credit Spreads US.INDTRANSPORTATION.CR 150.63 0 0.75 2.31182 46.085 -0.00324 -0.09743 0.00979 0.34997

Industrial Transportation industry News

Industrial Transportation industry Analysis

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

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

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

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

Industrial Transportation trend

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

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

Industrial Transportation oscillator

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

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

Industrial Transportation 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 Industrial Transportation is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringIndustrial Transportation 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.

Industrial Transportation returns

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

Industrial Transportation returns = (Industrial Transportation Closing Price – Industrial Transportation Previous Price)/(Industrial Transportation Previous Price)

Industrial Transportation industry

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

Industrial Transportation industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Industrial Transportation industry US.INDTRANSPORTATION 1774.54 0 0.75 1.24869 58.8192 -0.00564 0.044 0.04375 0.12895
Europe Industrial Transportation industry EU.INDTRANSPORTATION 891.68 1 1 1.26447 63.9544 0.00268 0.01125 0.05966 0.43145
US Industrial Transportation Credit Spreads US.INDTRANSPORTATION.CR 150.63 0 0.75 2.31182 46.085 -0.00324 -0.09743 0.00979 0.34997

Industrial Transportation industry News

Industrial Transportation industry Analysis

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

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

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

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

Industrial Transportation trend

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

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

Industrial Transportation oscillator

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

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

Industrial Transportation 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 Industrial Transportation is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringIndustrial Transportation 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.

Industrial Transportation returns

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

Industrial Transportation returns = (Industrial Transportation Closing Price – Industrial Transportation Previous Price)/(Industrial Transportation Previous Price)