Published: Thu, April 12, 2018
Business | By Kate Woods

Riverhead Capital Management LLC Has $252000 Holding in MSCI Inc (MSCI)


Developed by Igor Livshin, the BOP attempts to measure the strength of buyers vs. sellers by assessing the ability of each to push price to an extreme level.

The MESA Adaptive Moving Average is a technical trend-following indicator which adapts to price movement "based on the rate change of phase as measured by the Hilbert Transform Discriminator". The institutional investor owned 237,797 shares of the company's stock after selling 3,993 shares during the period. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. Currently, the 200-day MA for MSCI Inc (MSCI) is sitting at 123.49. The stock price is settled at $112.35 after trading hours. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". In general, if the indicator goes above -20, the stock may be considered overbought.

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Tracking other technical indicators, the 14-day RSI is presently standing at 52.12, the 7-day sits at 54.71, and the 3-day is resting at 54.95 for Meritage Corp (MTH). The shares were sold at an average price of $80.39, for a total value of $281,365.00. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory.

For further review, we can take a look at another popular technical indicator. The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength. This range falls on a scale between 0 and 100. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower.

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Wall Street Analysts suggested rating of 1.8. A value of 25-50 would support a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. At the time of writing, the 14-day Commodity Channel Index (CCI) is 44.85.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. Bainco International Investors now owns 202,470 shares of the company's stock worth $7,192,000 after purchasing an additional 7,030 shares in the last quarter.

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