Independent Film Development Corp (IFLM) Moves -50.00%

Shares of Independent Film Development Corp (IFLM) are moving on volatility today -50.00% or $-0.0001 from the open. The OTC listed company saw a recent bid of $0.0001 and 1100000 shares have traded hands in the session.

Deep diving into the technical levels for Independent Film Development Corp (IFLM), we note that the equity currently has a 14-day Commodity Channel Index (CCI) of 8.64. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

Independent Film Development Corp’s Williams Percent Range or 14 day Williams %R currently sits at -100.00. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Investors may be trying to find stocks that are building momentum. Finding these stocks may help bolster the portfolio going into the second half of the year. Investors often look to pounce on any opportunity in the stock market. Without properly being prepared, these opportunities may disappear quickly. Staying on top of fundamentals, technicals, and earnings, may help investors stay prepared. 

Currently, the 14-day ADX for Independent Film Development Corp (IFLM) is sitting at 45.16. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very…

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