Successful stock market traders and investors don’t usually just become that way overnight. There are often many years of experience behind those winning trades. The amount of data available to investors these days is staggering. Investors have to be able to focus on the provided information and decide which data should be followed and prioritized. Many investors will be keeping a watchful eye on the next round of company earnings reports. As companies start to report quarterly numbers, investors may be able to sift through the data and make some projections on how the stock will perform over the next few quarters.
Following trading action on shares of Teleflex Incorporated (NYSE:TFX), we see that the stock has moved -1.63 since the opening price of 257.33. So far, the stock has reached a high of 257.4 and dipped to a low of 254.9307. The consensus rating on the stock is currently Buy, and today’s volume has been measured around 80955.
Tracking some stock ratings for Teleflex Incorporated (NYSE:TFX), we can see that the stock’s Moving Average Rating is currently pointing to a “Strong Buy”. 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 “Neutral”.
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: 256.17526
20 day Exponential Moving Average: 253.83649
30 day Exponential Moving Average: 252.90327
50 day Exponential Moving Average: 252.78758
100 day Exponential Moving Average: 253.55376
200 day Exponential Moving Average: 255.18565
Taking a look at the Donchian Channels indicator, we note that the 20 day lower band is 244.77. The 20 day upper band is 262.93. 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 0.16488557. 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 10.454179. 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 Teleflex Incorporated (NYSE:TFX), we see that the Woodie pivot is currently at 251.015. The Woodie support 1 pivot is 243.72, and the Woodie resistance 1 pivot is 257.26. The Camarilla one month pivot is presently 251.32333. The one month Classic pivot is 251.32333 and the Classic resistance 1 is 257.87668 while the Classic support 1 pivot is measured at 244.33667.
There are many factors that can affect the health of a company. This is one reason why stock trading can be extremely difficult at times. Because there are always so many things to take into consideration, it may be next to impossible to create a formula that will continually beat the market. Even after all the data has been scrutinized and the numbers have been crunched, the investor still has to make sense of the information and figure out what to do with it. Knowing how to use the information about publically traded companies can end up being the difference between handsome gains and devastating losses.