Petro One Energy Corp

(POP:TSXV)


Event Details for: Price Crosses Moving Average
 

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.

Event Date:

Nov 06, 2012

Opportunity Type:

Short-Term Bullish

Close Price:

$0.29

 

Price Period:

Daily

Volume:

17,900

Price crossed above the 21-day moving average.

 


 

 

Petro One Energy Corp

(POP:TSXV)


Event Details for: MACD
 

The MACD (Moving Average Convergence Divergence) plots the difference between a shorter-term (12-bar) and a longer-term (26-bar) exponential moving average (EMA). Bullish and bearish events are generated respectively as the MACD fluctuates above and below zero to indicate whether prices in the shorter term are stronger or weaker than the longer term average. A 9-period EMA of the MACD is overlayed as a "signal line" which smooths out the MACD to provide a clearer view of whether it's moving upward or downward. A bullish event is generated when the MACD crosses above the signal line, showing that the current MACD is actually higher than its average, a sign of increasing strength for the price. The opposite is true for bearish events which signal decreasing strength in price as the MACD crosses below the signal line showing that it's now below average.

Event Date:

Nov 06, 2012

Opportunity Type:

Short-Term Bullish

Close Price:

$0.29

 

Price Period:

Daily

Volume:

17,900

 

 

 

Petro One Energy Corp

(POP:TSXV)


Event Details for: Short-term KST
 

The KST, "Know Sure Thing", is an oscillator that combines multiple time frames into a single measure of momentum for a financial instrument. It can be interpreted in the same way as other smoothed oscillators but most commonly indicates bullish and bearish momentum signals as it crosses above and below its moving average respectively.

Event Date:

Nov 06, 2012

Opportunity Type:

Short-Term Bullish

Close Price:

$0.29

 

Price Period:

Daily

Volume:

17,900

 


 

 

Petro One Energy Corp

(POP:TSXV)


Event Details for: Williams %R
 

Tells Me: For bullish events, we seem to be in a new uptrend now that the price has recovered from oversold (dropped below -80 then rose above). The opposite is true for bearish events where we seem to be in a new downtrend now that the price has recovered from overbought. Meanwhile there is clear evidence that the trend has reversed (continued through the -50 level). Williams %R is built on the premise that as prices increase, "close" prices tend to be closer to the upper end of the recent price range, and vice versa. The oscillator looks at the most recent "close" price as a percentage of the high-to-low price range over a specified period of time (14 bars) so when %R is high, it's likely we're seeing upward pressure, and vice versa. The line fluctuates between 0 and -100 with -20 and -80 often used to identify overbought and oversold conditions.

Event Date:

Nov 06, 2012

Opportunity Type:

Short-Term Bullish

Close Price:

$0.29

 

Price Period:

Daily

Volume:

17,900