Personal Products industry

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

Personal Products industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Personal Products industry US.PERSPRODUCTS 753.61 -0.5 0.5 1.25649 44.0704 -0.64 4.36 3.5 0.08764
US Personal Goods Credit Spreads US.PERSGOODS.CR 64.16 -1 -1 -1.16555 25.7177 2.89 9.86 3.22 -0.16355

Personal Products industry News

Personal Products industry Analysis

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

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

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

Personal Products industry Description

The subsector of Personal Products includes companies engaged in the manufacturing and distribution of cosmetics, toiletries and personal-care and hygiene products, including deodorants, soaps, toothpaste, perfumes, diapers, shampoos, razors and feminine-hygiene prod-ucts. Includes makers of contraceptives other than oral contracep-tives, which are classified under Pharmaceuticals.

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

Personal Products industry trend

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

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

Personal Products industry oscillator

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

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

Personal Products 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 Personal Products is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringPersonal Products 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.

Personal Products industry returns

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

Personal Products returns = (Personal Products Closing Price – Personal Products Previous Price)/(Personal Products Previous Price)

Personal Products industry

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

Personal Products industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Personal Products industry US.PERSPRODUCTS 753.61 -0.5 0.5 1.25649 44.0704 -0.64 4.36 3.5 0.08764
US Personal Goods Credit Spreads US.PERSGOODS.CR 64.16 -1 -1 -1.16555 25.7177 2.89 9.86 3.22 -0.16355

Personal Products industry News

Personal Products industry Analysis

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

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

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

Personal Products industry Description

The subsector of Personal Products includes companies engaged in the manufacturing and distribution of cosmetics, toiletries and personal-care and hygiene products, including deodorants, soaps, toothpaste, perfumes, diapers, shampoos, razors and feminine-hygiene prod-ucts. Includes makers of contraceptives other than oral contracep-tives, which are classified under Pharmaceuticals.

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

Personal Products industry trend

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

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

Personal Products industry oscillator

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

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

Personal Products 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 Personal Products is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringPersonal Products 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.

Personal Products industry returns

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

Personal Products returns = (Personal Products Closing Price – Personal Products Previous Price)/(Personal Products Previous Price)

Personal Products industry

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

Personal Products industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Personal Products industry US.PERSPRODUCTS 753.61 -0.5 0.5 1.25649 44.0704 -0.64 4.36 3.5 0.08764
US Personal Goods Credit Spreads US.PERSGOODS.CR 64.16 -1 -1 -1.16555 25.7177 2.89 9.86 3.22 -0.16355

Personal Products industry News

Personal Products industry Analysis

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

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

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

Personal Products industry Description

The subsector of Personal Products includes companies engaged in the manufacturing and distribution of cosmetics, toiletries and personal-care and hygiene products, including deodorants, soaps, toothpaste, perfumes, diapers, shampoos, razors and feminine-hygiene prod-ucts. Includes makers of contraceptives other than oral contracep-tives, which are classified under Pharmaceuticals.

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

Personal Products industry trend

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

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

Personal Products industry oscillator

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

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

Personal Products 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 Personal Products is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringPersonal Products 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.

Personal Products industry returns

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

Personal Products returns = (Personal Products Closing Price – Personal Products Previous Price)/(Personal Products Previous Price)

Personal Products industry

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

Personal Products industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Personal Products industry US.PERSPRODUCTS 753.61 -0.5 0.5 1.25649 44.0704 -0.64 4.36 3.5 0.08764
US Personal Goods Credit Spreads US.PERSGOODS.CR 64.16 -1 -1 -1.16555 25.7177 2.89 9.86 3.22 -0.16355

Personal Products industry News

Personal Products industry Analysis

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

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

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

Personal Products industry Description

The subsector of Personal Products includes companies engaged in the manufacturing and distribution of cosmetics, toiletries and personal-care and hygiene products, including deodorants, soaps, toothpaste, perfumes, diapers, shampoos, razors and feminine-hygiene prod-ucts. Includes makers of contraceptives other than oral contracep-tives, which are classified under Pharmaceuticals.

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

Personal Products industry trend

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

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

Personal Products industry oscillator

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

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

Personal Products 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 Personal Products is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringPersonal Products 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.

Personal Products industry returns

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

Personal Products returns = (Personal Products Closing Price – Personal Products Previous Price)/(Personal Products Previous Price)

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