[BEARISH]: Sandstorm Gold Ltd UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.164.
A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.
[Calculation] Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;
|Company||Close||Close Change (%)||Volume||Value||Signal|
|PTN Palatin Technologies||1.02||1||936,400||5.72||BEARISH|
|CET Central Securities||28.38||0.9||8,000||6.55||BEARISH|
|LTS Ladenburg Thalmann Financial Services||3.51||0.9||79,800||5.37||BEARISH|
|KLDX Klondex Mines Ltd.||2.35||0.9||878,000||10.18||BEARISH|
|VKI Invesco Advantage Municipal||10.73||0.5||77,900||9.16||BEARISH|
|ERC Wells Fargo Multi-Sector Income Fund||12.63||0.2||144,400||5.08||BEARISH|
|NAK Northern Dynasty Minerals||0.51||0.2||957,710||12.91||BEARISH|
|LNG Cheniere Energy||62.58||0.2||2,730,400||7.5||BEARISH|
|FSP Franklin Street Properties||8.85||0.1||301,266||7.65||BEARISH|