SMI

SERCO GROUP PLC LS-02 (SEO.DE) SMI Technical Indicator Reaches Key Level – Driscoll Register

SERCO GROUP PLC LS-02 (SEO.DE)’s Stochastic Momentum Index is cruising higher and has passed the key level of +40, indicating possible oversold territory. The SMI indicator was developed by William Blau ad presented in Technical Analysis of Stocks & Commodities magazine in 1993, ten years after the original stochastic was invented. The oscillator fluctuates between -100 and 100, […]

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SERCO GROUP PLC LS-02 (SEO.DE) SMI Moves into Reversal Territory

The Stochastic Momentum Index (SMI) for SERCO GROUP PLC LS-02 (SEO.DE) has pinging above +40, reaching key levels. The most common method of using SMI is to look for buy trades when the SMI falls under -40 and then rises back above through -40. Sell trades are looked for when the SMI rises above +40 and then