Paper Industry

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

Paper Industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Paper industry US.PAPER 108.72 -1 0 0.29482 59.6021 0 0 0 0.34704

Paper Industry News

forestry

Paper Industry Analysis

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

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

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

Paper Industry description

The paper subsector includes companies engaged in the producion, conversion, trade and distribution of all grades of paper. Excludes makers of printed forms, which are classified under Business Support Services, and manufacturers of paper items such as cups and napkins, which are classified under Nondurable Household Products.

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

Paper Industry trend

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

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

Paper Industry oscillator

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

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

Paper Industry 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 Paper is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringPaper 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.

Paper Industry returns

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

Paper returns = (Paper Closing Price – Paper Previous Price)/(Paper Previous Price)

Paper Industry

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

Paper Industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Paper industry US.PAPER 108.72 -1 0 0.29482 59.6021 0 0 0 0.34704

Paper Industry News

forestry

Paper Industry Analysis

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

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

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

Paper Industry description

The paper subsector includes companies engaged in the producion, conversion, trade and distribution of all grades of paper. Excludes makers of printed forms, which are classified under Business Support Services, and manufacturers of paper items such as cups and napkins, which are classified under Nondurable Household Products.

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

Paper Industry trend

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

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

Paper Industry oscillator

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

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

Paper Industry 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 Paper is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringPaper 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.

Paper Industry returns

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

Paper returns = (Paper Closing Price – Paper Previous Price)/(Paper Previous Price)

Paper Industry

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

Paper Industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Paper industry US.PAPER 108.72 -1 0 0.29482 59.6021 0 0 0 0.34704

Paper Industry News

forestry

Paper Industry Analysis

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

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

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

Paper Industry description

The paper subsector includes companies engaged in the producion, conversion, trade and distribution of all grades of paper. Excludes makers of printed forms, which are classified under Business Support Services, and manufacturers of paper items such as cups and napkins, which are classified under Nondurable Household Products.

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

Paper Industry trend

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

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

Paper Industry oscillator

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

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

Paper Industry 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 Paper is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringPaper 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.

Paper Industry returns

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

Paper returns = (Paper Closing Price – Paper Previous Price)/(Paper Previous Price)

Paper Industry

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

Paper Industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Paper industry US.PAPER 108.72 -1 0 0.29482 59.6021 0 0 0 0.34704

Paper Industry News

forestry

Paper Industry Analysis

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

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

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

Paper Industry description

The paper subsector includes companies engaged in the producion, conversion, trade and distribution of all grades of paper. Excludes makers of printed forms, which are classified under Business Support Services, and manufacturers of paper items such as cups and napkins, which are classified under Nondurable Household Products.

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

Paper Industry trend

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

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

Paper Industry oscillator

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

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

Paper Industry 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 Paper is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringPaper 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.

Paper Industry returns

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

Paper returns = (Paper Closing Price – Paper Previous Price)/(Paper Previous Price)