On Monday, Ossen Innovation Co., Ltd. (NASDAQ:OSN) reached at $3.30 price level during last trade its distance from 20 days simple moving average was 29.70%, and its distance from 50 days simple moving average was 43.93% while it has a distance of 70.97% from the 200 days simple moving average.

Past 5 years growth of OSN observed at -0.90%, and for the next five years the analysts that follow this company are expecting its growth at N/A. The average true range (ATR) is a measure of volatility introduced by Welles Wilder in his book, “New Concepts in Technical Trading Systems.” The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close. The average true range is a moving average, generally 14 days, of the true ranges.

Liquidity:

The stock has a market cap of $18.97M with 5.75M shares outstanding, of which the float was 0.83M shares. Analysts consider this stock active, since it switched Trading volume reached 157,305 shares as compared to its average volume of 34.79K shares. The Average Daily Trading Volume (ADTV) demonstrates trading activity related to the liquidity of the security. When Ave Volume tends to increase, it shows enhanced liquidity.

But when Ave Volume is lower, the security will tend to be cheap as people are not as keen to purchase it. Hence, it might have an effect on the worth of the security. OSN’s relative volume was 4.84. Relative volume is a great indicator to keep a close eye on, but like most indicators it works best in conjunction with other indicators and on different time frames. Higher relative volume you will have more liquidity in the stock which will tighten spreads and allow you to trade with more size without a ton of slippage.

Important Technical Indicators Analysis Report and Volatility Measures:

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. Beta is used in the capital asset pricing model (CAPM), which calculates the predictable return of an asset based on its beta and predictable market returns. Beta is also known as the beta coefficient.

A beta of 1 indicates that the security’s price moves with the market. A beta of less than 1 means that the security is theoretically less volatile than the market. A beta of greater than 1 indicates that the security’s price is theoretically more volatile than the market. After a recent check, beta value for this stock comes out to be 1.56. A statistical measure of the dispersion of returns (volatility) for OSN producing salvation in Investors mouth, it has week volatility of 22.37% and for the month booked as 14.53%. Regardless of which metric you utilize, a firm understanding of the concept of volatility and how it is measured is essential to successful investing. A stock that maintains a relatively stable price has low volatility. When investing in a volatile security, the risk of success is increased just as much as the risk of failure.

The volatility value is used by the investors for various reasons and purposes in measuring the fundamental price change and the rate of variation in OSN’s price. The ART is a specific type of indicator, which is capable of weighing up stock volatility in the financial markets effectively.