Specialized Consumer Services industry

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

Specialized Consumer Services industry Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
US Specialized Consumer Services industry US.SPECCONSSERV 2329.18 0.5 1 1.57022 55.0709 3.4 6.51 2.69 0.1805

Specialized Consumer Services industry News

Specialized Consumer Services industry Analysis

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

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

MacroVar estimates the following signals:: Specialized Consumer Services momentum, Specialized Consumer Services trend, Specialized Consumer Services oscillator, Specialized Consumer Services RSI and Specialized Consumer Services returns.

Specialized Consumer Services Description

The subsector of Specialized Consumer Services includes Providers of consumer services such as auction houses, day-care centers, dry cleaners, schools, consumer rental companies, veterinary clinics, hair salons and providers of funeral, lawn-maintenance, consumer-storage, heating and cooling installation and plumbing services.

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

Specialized Consumer Services trend

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

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

Specialized Consumer Services oscillator

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

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

Specialized Consumer Services 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 Specialized Consumer Services is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringSpecialized Consumer Services 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.

Specialized Consumer Services returns

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

Specialized Consumer Services returns = (Specialized Consumer Services Closing Price – Specialized Consumer Services Previous Price)/(Specialized Consumer Services Previous Price)

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