Leisure Goods industry

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

Leisure Goods industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Leisure Goods industry US.LEISGOODS 956.11 0 0.75 1.75678 56.6446 0.67 1.83 0.9 0.39745
Europe Leisure Goods industry EU.LEISURE 2022.68 -0.5 0.5 1.16572 55.2791 -2.2 2.86 2.67 0.25687
US Leisure Goods Credit Spreads US.LEISUREGOODS.CR 98.94 -1 -1 -1.28824 22.2104 2.25 5.97 2.86 -0.21054

Leisure Goods industry News

Leisure Goods industry Analysis

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

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

MacroVar estimates the following signals:: Leisure Goods momentum, Leisure Goods trend, Leisure Goods oscillator, Leisure Goods RSI and Leisure Goods returns.

Leisure Goods industry Description

The sector of Leisure Goods includes the subsectors of Consumer Electronics, Recreational Products and Toys.
The subsector of Consumer Electronics includes companies engaged in the manufacturing and distribution of consumer electronics, such as TVs, VCRs, DVD players, audio equipment, cable boxes, calculators and camcorders
The subsector of Recreational Products includes companies engaged in the production and distribution of of recreational equipment. Includes musical instruments, photographic equipment and supplies, RVs, ATVs and marine recreational vehicles such as yachts, dinghies and speedboats.
The subsector of Toys includes companies engaged in the manufacturing and distribution of toys and video/ computer games, including such toys and games as playing cards, board games, stuffed animals and dolls.

Leisure Goods industry Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

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

Leisure Goods industry trend

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

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

Leisure Goods industry oscillator

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

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

Leisure Goods 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 Leisure Goods is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringLeisure Goods 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.

Leisure Goods industry returns

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

Leisure Goods returns = (Leisure Goods Closing Price – Leisure Goods Previous Price)/(Leisure Goods Previous Price)

Leisure Goods industry

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

Leisure Goods industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Leisure Goods industry US.LEISGOODS 956.11 0 0.75 1.75678 56.6446 0.67 1.83 0.9 0.39745
Europe Leisure Goods industry EU.LEISURE 2022.68 -0.5 0.5 1.16572 55.2791 -2.2 2.86 2.67 0.25687
US Leisure Goods Credit Spreads US.LEISUREGOODS.CR 98.94 -1 -1 -1.28824 22.2104 2.25 5.97 2.86 -0.21054

Leisure Goods industry News

Leisure Goods industry Analysis

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

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

MacroVar estimates the following signals:: Leisure Goods momentum, Leisure Goods trend, Leisure Goods oscillator, Leisure Goods RSI and Leisure Goods returns.

Leisure Goods industry Description

The sector of Leisure Goods includes the subsectors of Consumer Electronics, Recreational Products and Toys.
The subsector of Consumer Electronics includes companies engaged in the manufacturing and distribution of consumer electronics, such as TVs, VCRs, DVD players, audio equipment, cable boxes, calculators and camcorders
The subsector of Recreational Products includes companies engaged in the production and distribution of of recreational equipment. Includes musical instruments, photographic equipment and supplies, RVs, ATVs and marine recreational vehicles such as yachts, dinghies and speedboats.
The subsector of Toys includes companies engaged in the manufacturing and distribution of toys and video/ computer games, including such toys and games as playing cards, board games, stuffed animals and dolls.

Leisure Goods industry Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

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

Leisure Goods industry trend

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

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

Leisure Goods industry oscillator

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

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

Leisure Goods 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 Leisure Goods is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringLeisure Goods 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.

Leisure Goods industry returns

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

Leisure Goods returns = (Leisure Goods Closing Price – Leisure Goods Previous Price)/(Leisure Goods Previous Price)

Leisure Goods industry

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

Leisure Goods industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Leisure Goods industry US.LEISGOODS 956.11 0 0.75 1.75678 56.6446 0.67 1.83 0.9 0.39745
Europe Leisure Goods industry EU.LEISURE 2022.68 -0.5 0.5 1.16572 55.2791 -2.2 2.86 2.67 0.25687
US Leisure Goods Credit Spreads US.LEISUREGOODS.CR 98.94 -1 -1 -1.28824 22.2104 2.25 5.97 2.86 -0.21054

Leisure Goods industry News

Leisure Goods industry Analysis

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

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

MacroVar estimates the following signals:: Leisure Goods momentum, Leisure Goods trend, Leisure Goods oscillator, Leisure Goods RSI and Leisure Goods returns.

Leisure Goods industry Description

The sector of Leisure Goods includes the subsectors of Consumer Electronics, Recreational Products and Toys.
The subsector of Consumer Electronics includes companies engaged in the manufacturing and distribution of consumer electronics, such as TVs, VCRs, DVD players, audio equipment, cable boxes, calculators and camcorders
The subsector of Recreational Products includes companies engaged in the production and distribution of of recreational equipment. Includes musical instruments, photographic equipment and supplies, RVs, ATVs and marine recreational vehicles such as yachts, dinghies and speedboats.
The subsector of Toys includes companies engaged in the manufacturing and distribution of toys and video/ computer games, including such toys and games as playing cards, board games, stuffed animals and dolls.

Leisure Goods industry Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

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

Leisure Goods industry trend

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

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

Leisure Goods industry oscillator

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

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

Leisure Goods 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 Leisure Goods is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringLeisure Goods 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.

Leisure Goods industry returns

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

Leisure Goods returns = (Leisure Goods Closing Price – Leisure Goods Previous Price)/(Leisure Goods Previous Price)

Leisure Goods industry

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

Leisure Goods industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Leisure Goods industry US.LEISGOODS 956.11 0 0.75 1.75678 56.6446 0.67 1.83 0.9 0.39745
Europe Leisure Goods industry EU.LEISURE 2022.68 -0.5 0.5 1.16572 55.2791 -2.2 2.86 2.67 0.25687
US Leisure Goods Credit Spreads US.LEISUREGOODS.CR 98.94 -1 -1 -1.28824 22.2104 2.25 5.97 2.86 -0.21054

Leisure Goods industry News

Leisure Goods industry Analysis

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

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

MacroVar estimates the following signals:: Leisure Goods momentum, Leisure Goods trend, Leisure Goods oscillator, Leisure Goods RSI and Leisure Goods returns.

Leisure Goods industry Description

The sector of Leisure Goods includes the subsectors of Consumer Electronics, Recreational Products and Toys.
The subsector of Consumer Electronics includes companies engaged in the manufacturing and distribution of consumer electronics, such as TVs, VCRs, DVD players, audio equipment, cable boxes, calculators and camcorders
The subsector of Recreational Products includes companies engaged in the production and distribution of of recreational equipment. Includes musical instruments, photographic equipment and supplies, RVs, ATVs and marine recreational vehicles such as yachts, dinghies and speedboats.
The subsector of Toys includes companies engaged in the manufacturing and distribution of toys and video/ computer games, including such toys and games as playing cards, board games, stuffed animals and dolls.

Leisure Goods industry Momentum

Momentum is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

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

Leisure Goods industry trend

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

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

Leisure Goods industry oscillator

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

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

Leisure Goods 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 Leisure Goods is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringLeisure Goods 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.

Leisure Goods industry returns

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

Leisure Goods returns = (Leisure Goods Closing Price – Leisure Goods Previous Price)/(Leisure Goods Previous Price)

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