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.
Conducting technical analysis of the stock may include following the Keltner Channel indicator. A recent check shows the 20 day lower band at 21.79183 and the 20 day upper band at 21.971 for ProShares UltraShort 7-10 Year Treasury (:PST). During a clearly defined trend, a break above or below these levels may point to the underlying strength of the trend. A break above the upper band may signal continuing bullish trend strength, and a break below the lower band may signal continuing bearish trend strength.
The SMA or Simple Moving Average can be calculated for different time periods. The SMA helps smooth out volatility and makes it a bit less difficult to gauge the price trend of a stock. Let’s view some popular SMA levels below for ProShares UltraShort 7-10 Year Treasury (:PST):
Simple Moving Average 20 day: 21.80241
Simple Moving Average 100 day: 22.679401
Simple Moving Average 10 day21.87032
Simple Moving Average 50 day: 22.082483
Simple Moving Average 30 day: 21.84947
Simple Moving Average 200 day: 22.983786
Investors tracking shares of ProShares UltraShort 7-10 Year Treasury (:PST) will note that since the stock opened at 21.91, shares have seen a change of 0.02. During that period, the stock has touched a low of 21.9 and tipped a high of 21.95. Volume on the day is presently 9532.
The 20 day Chaikin Money Flow indicator is currently 0.36698586. This indicator was developed by Marc Chaikin who observed that the pressures of buying and selling could be figured out by where a period finishes relative to the range of highs and lows.
Traders may use a variety of moving average indicators when examining a particular stock. Checking on some Exponential Moving Averages, we note that the 200 day is 22.750893, the 100 day is 22.463646, and the 50 day is 22.110794. Zooming in closer, we note that the 30 day EMA is 21.940376, the 20 day is 21.881416, and the 10 day is noted at 21.874023.
Traders might be keeping tabs on the Hull Moving Average. The current HMA reading is 21.912752. Traders may use the HMA to help identify the prevalent market trend. This may also lend to spotting useful exit and entry points on the stock.
Investors will typically be keeping track of historical highs and lows for a particular stock that they are researching. Watching levels for ProShares UltraShort 7-10 Year Treasury (:PST, we can see that the all time high is currently 74.03999, and the all time low is 15.71. Let’s look at some alternate high/low price data:
Six month low: 21.34
Six month high: 23.945
One year low: 21.34
One year high: 23.945
Three month low: 21.34
Three month high: 23.8601
One month low: 21.34
One month high: 22.55
Successful stock market investing often begins with setting up measureable and viable goals. Investors who set attainable goals and craft a plan to achieve those goals may find themselves in a much better position than the investor who does not. It can be very tempting to jump into the stock market and start investing. When the market is riding high, investors may be quick to act so they do not miss out on the action. Entering the stock market without a plan can lead to future distress when the markets turn downward for an extended period of time. Having a plan for multiple scenarios can help the investor ride out the storm when it comes.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.