Recreational Products industry

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

Recreational Products industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Recreational Products industry US.RECRPRODUCTS 656.19 1 1 1.40634 64.0362 0.7 2.3 -1.36 0.40702

Recreational Products industry News

Recreational Products industry Analysis

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

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

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

Recreational Products industry Description

The subsector of Recreational Products includes companies engaged in the production and distribution of of recreational equipment. Includes musical instruments, photographic equipment and supplies, RVs, ATVs and marine recreational vehicles such as yachts, dinghies and speedboats.

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

Recreational Products industry trend

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

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

Recreational Products industry oscillator

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

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

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

Recreational Products industry returns

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

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

Recreational Products industry

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

Recreational Products industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Recreational Products industry US.RECRPRODUCTS 656.19 1 1 1.40634 64.0362 0.7 2.3 -1.36 0.40702

Recreational Products industry News

Recreational Products industry Analysis

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

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

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

Recreational Products industry Description

The subsector of Recreational Products includes companies engaged in the production and distribution of of recreational equipment. Includes musical instruments, photographic equipment and supplies, RVs, ATVs and marine recreational vehicles such as yachts, dinghies and speedboats.

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

Recreational Products industry trend

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

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

Recreational Products industry oscillator

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

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

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

Recreational Products industry returns

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

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

Recreational Products industry

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

Recreational Products industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Recreational Products industry US.RECRPRODUCTS 656.19 1 1 1.40634 64.0362 0.7 2.3 -1.36 0.40702

Recreational Products industry News

Recreational Products industry Analysis

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

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

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

Recreational Products industry Description

The subsector of Recreational Products includes companies engaged in the production and distribution of of recreational equipment. Includes musical instruments, photographic equipment and supplies, RVs, ATVs and marine recreational vehicles such as yachts, dinghies and speedboats.

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

Recreational Products industry trend

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

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

Recreational Products industry oscillator

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

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

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

Recreational Products industry returns

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

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

Recreational Products industry

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

Recreational Products industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Recreational Products industry US.RECRPRODUCTS 656.19 1 1 1.40634 64.0362 0.7 2.3 -1.36 0.40702

Recreational Products industry News

Recreational Products industry Analysis

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

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

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

Recreational Products industry Description

The subsector of Recreational Products includes companies engaged in the production and distribution of of recreational equipment. Includes musical instruments, photographic equipment and supplies, RVs, ATVs and marine recreational vehicles such as yachts, dinghies and speedboats.

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

Recreational Products industry trend

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

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

Recreational Products industry oscillator

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

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

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

Recreational Products industry returns

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

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

Feedback
Feedback
How would you rate your experience?
Do you have any additional comment?
Next
Enter your email if you'd like us to contact you regarding with your feedback.
Back
Submit
Thank you for submitting your feedback!