Mobile Telecommunications industry

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

Mobile Telecommunications industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Mobile Telecommunications industry US.MOBTELCOS 414.62 0.5 0.5 1.28798 49.158 -1.26 -0.24 1.72 0.06725
Europe Total Market Mobile Telecommunications industry EU.MOBTELCOS 1755.19 -1 -0.5 -0.38963 44.9467 -0.58 -2.59 -3.3 -0.09734
US Mobile Telecommunications Credit Spreads US.MOBTELCOS.CR 120.13 -1 -1 -1.1436 32.1317 1.05 2.34 -0.69 -0.12264
Europe Mobile Telecommunications Credit Spreads EU.MOBTELSCOS.CR 99.44 -1 -1 -1.09521 33.632 0.19 2.47 5.43 -0.14644

Mobile Telecommunications industry News

Mobile Telecommunications industry Analysis

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

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

MacroVar estimates the following signals:: Mobile Telecommunications momentum, Mobile Telecommunications trend, Mobile Telecommunications oscillator, Mobile Telecommunications RSI and Mobile Telecommunications returns.

Mobile Telecommunications industry Description

The subsector of Mobile Telecommunications includes Providers of mobile telephone services, including cellular, satellite and paging services. Includes wireless tower companies that own, operate and lease mobile site towers to multiple wireless service providers.

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

Mobile Telecommunications industry trend

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

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

Mobile Telecommunications industry oscillator

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

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

Mobile Telecommunications 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 Mobile Telecommunications is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringMobile Telecommunications 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.

Mobile Telecommunications industry returns

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

Mobile Telecommunications returns = (Mobile Telecommunications Closing Price – Mobile Telecommunications Previous Price)/(Mobile Telecommunications Previous Price)

Mobile Telecommunications industry

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

Mobile Telecommunications industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Mobile Telecommunications industry US.MOBTELCOS 414.62 0.5 0.5 1.28798 49.158 -1.26 -0.24 1.72 0.06725
Europe Total Market Mobile Telecommunications industry EU.MOBTELCOS 1755.19 -1 -0.5 -0.38963 44.9467 -0.58 -2.59 -3.3 -0.09734
US Mobile Telecommunications Credit Spreads US.MOBTELCOS.CR 120.13 -1 -1 -1.1436 32.1317 1.05 2.34 -0.69 -0.12264
Europe Mobile Telecommunications Credit Spreads EU.MOBTELSCOS.CR 99.44 -1 -1 -1.09521 33.632 0.19 2.47 5.43 -0.14644

Mobile Telecommunications industry News

Mobile Telecommunications industry Analysis

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

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

MacroVar estimates the following signals:: Mobile Telecommunications momentum, Mobile Telecommunications trend, Mobile Telecommunications oscillator, Mobile Telecommunications RSI and Mobile Telecommunications returns.

Mobile Telecommunications industry Description

The subsector of Mobile Telecommunications includes Providers of mobile telephone services, including cellular, satellite and paging services. Includes wireless tower companies that own, operate and lease mobile site towers to multiple wireless service providers.

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

Mobile Telecommunications industry trend

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

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

Mobile Telecommunications industry oscillator

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

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

Mobile Telecommunications 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 Mobile Telecommunications is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringMobile Telecommunications 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.

Mobile Telecommunications industry returns

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

Mobile Telecommunications returns = (Mobile Telecommunications Closing Price – Mobile Telecommunications Previous Price)/(Mobile Telecommunications Previous Price)

Mobile Telecommunications industry

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

Mobile Telecommunications industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Mobile Telecommunications industry US.MOBTELCOS 414.62 0.5 0.5 1.28798 49.158 -1.26 -0.24 1.72 0.06725
Europe Total Market Mobile Telecommunications industry EU.MOBTELCOS 1755.19 -1 -0.5 -0.38963 44.9467 -0.58 -2.59 -3.3 -0.09734
US Mobile Telecommunications Credit Spreads US.MOBTELCOS.CR 120.13 -1 -1 -1.1436 32.1317 1.05 2.34 -0.69 -0.12264
Europe Mobile Telecommunications Credit Spreads EU.MOBTELSCOS.CR 99.44 -1 -1 -1.09521 33.632 0.19 2.47 5.43 -0.14644

Mobile Telecommunications industry News

Mobile Telecommunications industry Analysis

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

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

MacroVar estimates the following signals:: Mobile Telecommunications momentum, Mobile Telecommunications trend, Mobile Telecommunications oscillator, Mobile Telecommunications RSI and Mobile Telecommunications returns.

Mobile Telecommunications industry Description

The subsector of Mobile Telecommunications includes Providers of mobile telephone services, including cellular, satellite and paging services. Includes wireless tower companies that own, operate and lease mobile site towers to multiple wireless service providers.

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

Mobile Telecommunications industry trend

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

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

Mobile Telecommunications industry oscillator

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

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

Mobile Telecommunications 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 Mobile Telecommunications is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringMobile Telecommunications 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.

Mobile Telecommunications industry returns

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

Mobile Telecommunications returns = (Mobile Telecommunications Closing Price – Mobile Telecommunications Previous Price)/(Mobile Telecommunications Previous Price)

Mobile Telecommunications industry

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

Mobile Telecommunications industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Mobile Telecommunications industry US.MOBTELCOS 414.62 0.5 0.5 1.28798 49.158 -1.26 -0.24 1.72 0.06725
Europe Total Market Mobile Telecommunications industry EU.MOBTELCOS 1755.19 -1 -0.5 -0.38963 44.9467 -0.58 -2.59 -3.3 -0.09734
US Mobile Telecommunications Credit Spreads US.MOBTELCOS.CR 120.13 -1 -1 -1.1436 32.1317 1.05 2.34 -0.69 -0.12264
Europe Mobile Telecommunications Credit Spreads EU.MOBTELSCOS.CR 99.44 -1 -1 -1.09521 33.632 0.19 2.47 5.43 -0.14644

Mobile Telecommunications industry News

Mobile Telecommunications industry Analysis

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

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

MacroVar estimates the following signals:: Mobile Telecommunications momentum, Mobile Telecommunications trend, Mobile Telecommunications oscillator, Mobile Telecommunications RSI and Mobile Telecommunications returns.

Mobile Telecommunications industry Description

The subsector of Mobile Telecommunications includes Providers of mobile telephone services, including cellular, satellite and paging services. Includes wireless tower companies that own, operate and lease mobile site towers to multiple wireless service providers.

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

Mobile Telecommunications industry trend

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

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

Mobile Telecommunications industry oscillator

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

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

Mobile Telecommunications 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 Mobile Telecommunications is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringMobile Telecommunications 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.

Mobile Telecommunications industry returns

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

Mobile Telecommunications returns = (Mobile Telecommunications Closing Price – Mobile Telecommunications Previous Price)/(Mobile Telecommunications Previous Price)

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