Investing in the stock market can sometimes draw intense emotion from individual investors. When the market slips into a chaotic state, some investors may let their emotions get the best of them which can lead to impulsive decisions. On the other side of the coin, market chaos may cause certain investors to freeze in a panic. This may mean that the investor becomes shaken to the point that they are unable to make any decisions let alone an educated one. Discipline is a quality shared by many successful traders and investors. Staying committed to the plan, whether short-term or long-term, can help investors make it through those times of extreme market uncertainty.
Traders will take note of the 20 day Chaikin Money Flow indicator that is now at 0.000757345 for Oshkosh Corporation (NYSE:OSK). 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.
Tracking some stock ratings, we can see that the stock’s Moving Average Rating is currently pointing to a “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”.
Taking a look at the Donchian Channels indicator, we note that the 20 day lower band is 76.32. The 20 day upper band is 82.26. This indicator was created by Richard Donchian, and traders follow these channels to help identify potential trading signals.
Following trading action on shares of Oshkosh Corporation (NYSE:OSK), we see that the stock has moved 0.73 since the opening price of 76.88. So far, the stock has reached a high of 77.65 and dipped to a low of 76.88. The consensus rating on the stock is currently Sell, and today’s volume has been measured around 2498.
The Awesome Oscillator reading is currently -1.603. 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, we see that the Woodie pivot is currently at 79.7625. The Woodie support 1 pivot is 77.265, and the Woodie resistance 1 pivot is 82.135. The Camarilla one month pivot is presently 79.61. The one month Classic pivot is 79.61 and the Classic resistance 1 is 81.83 while the Classic support 1 pivot is measured at 76.96.
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 on shares of Oshkosh Corporation (NYSE:OSK):
10 day Exponential Moving Average: 78.104675
20 day Exponential Moving Average: 78.39431
30 day Exponential Moving Average: 78.14334
50 day Exponential Moving Average: 76.9361
100 day Exponential Moving Average: 73.92467
200 day Exponential Moving Average: 71.47801
Keeping an eye on the all the day to day happenings in the stock market can be quite a task. Investors may need to try to focus in on the most important information when attempting to examine stocks to add to the portfolio. As earnings reports continue to roll in, investors may be taking a deeper look at some of the names that they have on their shortlist. Investors may also be taking a look at future estimates and guidance provided by companies in order to get a feel of how the stock price may be affected in the future. With the equity market still trading at super high levels, investors may be wondering how much higher some stocks in the portfolio can go. Maybe there are a few winners that look like they have peaked, and investors may have to decide whether to cash in or hold out for more gains. Maybe there are a few losers that have been underperforming and need to be cut loose.
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.