Investing in the stock market has traditionally offered bigger returns than other types of investments. Along with the opportunity for higher returns comes a higher amount of risk. Stocks can be exposed to both market risk and business or financial risk. Market risk may be evident when the overall market takes a nose dive. Investors may hold stock of a company that has been performing great, but due to poor market conditions, the stock decreases in value. Investors may look to offset this risk by investing in other vehicles that don’t tend to move together. The business risk with stocks involves factors that may cause a company to perform poorly. This may include bad management, heightened competition, and declining company profits. Investors may try to limit this risk by creating a diversified portfolio including stocks from different sectors.
Investors might be looking around every corner when analyzing shares of Orrstown Financial Services, Inc. (NASDAQ:ORRF). Many investors will closely track a stock when it nears a major historical high or low point. Let’s take a quick peek at some major historical highs and lows for the stock:
All time high: 45.351383
All time low: 7.45
52 week high: 27.05
52 week low: 17.2961
6 month high: 27
6 month low: 17.2961
3 month high: 24.388
3 month low: 17.2961
One month high: 20.9426
One month low: 17.2961
Traders using technical analysis may be employing moving average indicators to assist with gauging a certain market move or to indicate its strength. Many traders will rely on the EMA or Exponential Moving Average to accomplish this. Checking on some recent levels we can see that the 10 day EMA is 19.265512, the 20 day is 19.204556, and the 30 day is 19.204569. Pulling back a bit, we note that the 100 day EMA is 20.088099, the 50 day is 19.367964, and the 200 day EMA is 21.430779.
A good way for investors to understand stock price movements is to look at how it has performed at various intervals in the past. Tracking shares of Orrstown Financial Services, Inc. (NASDAQ:ORRF), we see that the most recent close price was 19.19
Prior week: -0.933126
Prior month: -2.7480917
Last 6 months:-25.786407
Last 3 months: -19.806967
After a recent check, we see that the Bull Bear Power reading is -0.25417647. Moving to some volatility readings, we see that the current value is 1.5223097. Looking out for the week, volatility is 3.6377742. For the previous month, volatility is at 4.446497. Investors often track volatility across sectors to compare with the overall volatility in the market.
Traders use pivot point analysis to help determine key levels where a stock price may react. Tracking these turn around levels may help the trader while attempting stock analysis. Looking at some current one month pivots, we note that the Fibonacci pivot is 19.573267 while the Fibonacci support 1 pivot is 18.547443, and the Fibonacci support 2 is 17.913689. Checking on the one month Woodie pivot, we note the level at 19.50995. The Woodie support 1 pivot is 18.0773, and the Woodie resistance 1 pivot is 20.7627.
Investors often hear the saying “buy low, sell high”. This may seem highly obvious to anybody looking to get into the stock market. Even though investors typically know they should do this, novices tend to do just the opposite, buy high and sell low. Often times, amateur investors will get carried away when a stock is trending higher. They may attempt to get in on the stock after a big move with hopes of the stock going higher and an overall thought that relates to the fear of missing out. Often times, investors will find themselves in a precarious situation when this occurs. They might have taken a chance on a stock that maybe was too good to be true. Investors may regret buying after the big move when the price has far exceeded the underlying value. Closely watching the fundamentals may help investors avoid getting into sticky situations such as buying too high.
Following recent trading activity, we note that Orrstown Financial Services, Inc. (NASDAQ:ORRF) has seen a move of 0.10432968% since the open. The prior close was 19.19 and the one month high price is currently 20.9426.
Shifting the technical focus to Keltner Channels, we see that the 20 day upper envelope is 19.716663. The 20 day lower envelope is currently 18.69245. Traders may be watching for a breakthrough of the higher or lower Keltner bands.
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.