As we move closer to the close of the year, investors will be closely watching the next round of company earnings results. Investors may choose to closely follow Wall Street analyst projections around earnings periods. Analysts will typically make adjustments to estimates as the earnings date approaches. Many investors will look to see which way the estimate revisions are trending heading into the earnings report. Once the release is published, analysts have the ability to make further updates based on actual information that the company provides.
Following trading action on shares of The Gap, Inc. (NYSE:GPS), we see that the stock has moved -0.17 since the opening price of 26.1. So far, the stock has reached a high of 26.15 and dipped to a low of 25.91. The consensus rating on the stock is currently Sell, and today’s volume has been measured around 121714.
Tracking some stock ratings for The Gap, Inc. (NYSE:GPS), we can see that the stock’s Moving Average Rating is currently pointing to a “Strong Sell”. Traders may be monitoring many different indicators in order to get a grasp of where the stock may be moving in the near future. Taking a look at the Oscillators rating, we note that the reading is pointing to a “Sell”.
Technical traders have many tools at their disposal when conducting stock research. One of those tools is the Exponential Moving Average or EMA. The EMA is similar to the simple moving average, but more weight is put on the newest data. Let’s look at some different EMA levels:
10 day Exponential Moving Average: 26.568665
20 day Exponential Moving Average: 26.423353
30 day Exponential Moving Average: 26.204378
50 day Exponential Moving Average: 25.94143
100 day Exponential Moving Average: 25.862612
200 day Exponential Moving Average: 26.42092
Taking a look at the Donchian Channels indicator, we note that the 20 day lower band is 24.59. The 20 day upper band is 30.83. This indicator was created by Richard Donchian, and traders follow these channels to help identify potential trading signals.
Traders will take note of the 20 day Chaikin Money Flow indicator that is now at -0.26566938. The value of this indicator will fluctuate between 1 and -1. Traders may be watching when the CMF crosses zero. This cross might point to a bullish or bearish price reversal depending on which way it is moving crossing the zero line.
The Awesome Oscillator reading is currently 0.51825. Technical traders will watch the AO especially when it crosses above or below the zero line. A move above the line may signal a bullish scenario. A move below the zero line may indicate a bearish selling opportunity. The AO may prove to be a valuable tool for many momentum traders.
There are a number of different pivot points that traders can use when conducting stock analysis. Pivot points can be useful for traders looking to establish trading entry and exit points. Focusing on some popular one month pivots for The Gap, Inc. (NYSE:GPS), we see that the Woodie pivot is currently at 28.605. The Woodie support 1 pivot is 26.38, and the Woodie resistance 1 pivot is 32.62. The Camarilla one month pivot is presently 28.316668. The one month Classic pivot is 28.316668 and the Classic resistance 1 is 32.043335 while the Classic support 1 pivot is measured at 25.803333.
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