Individual investors may be going to great lengths to make their hard earned money work for them in the stock market. The stock market can be a scary place for beginners with little to no experience. Studying the ins and outs of the markets can help provide a solid base for the new investor to work with. Many people will jump into the game thinking they are going to easily make large profits in the market. Although this is a possibility, many investors will learn the hard way that sustaining profits over the long-term can be a tough endeavor. Studying all the different company information can take up a lot of time and energy. Some people just don’t have the time they would like to put into stock market study.
Taking a look at some historical highs and lows for Sonos, Inc. (:SONO), we see that the all time high is currently 23.6, and the all time low is 9.23. Investors often pay added attention to a stock when it is nearing a historical high point or low point. For the last year, the high price is 23.6, and the low price stands at 9.23. For the last six months, the high was seen at 21.38, and the low was tracked at 9.23. If we move in closer, the three month high/low is 13.86/9.23, and the one month high/low is 13.86/10.21.
Traders following the stock may be watching SMA or Simple Moving Average Levels. Many traders will be watching out for when the shorter-term averages cross above the longer-term averages as this may point to the start of an uptrend. Let’s look at the following SMA readings:
SMA 50 day: 11.339
SMA 30 day: 11.035
SMA 200 day: 11.91875
SMA 20 day: 10.932
SMA 100 day: 11.01735
SMA 10 day10.594
Traders following the Chaikin Money Flow indicator will note that the current 20 day reading is -0.08992104. The CMF value will fluctuate between 1 and -1. In general, a value closer to 1 would indicate higher buying pressure. A value closer to -1 would represent higher selling pressure.
Technical analysis on the stock may include following the Keltner Channels indicator. Currently, the 20 day upper band is 11.093393. The 20 day lower band is noted at 10.5790415. The KC indicator is considered a lagging indicator. Traders may use the values to help spot overbought and oversold conditions.
Traders have the ability to use a wide range of indicators when studying stocks. Each trader will typically find a few indicators that they heavily rely on. The Ichimoku Cloud indicator works to identify trend direction, gauge momentum, and identify trading opportunities based on crossovers. We can view some Ichimoku indicator levels below:
Ichimoku Lead 1: 11.795
Ichimoku Lead 2: 12.15
Ichimoku Cloud Base Line: 11.02
Ichimoku Cloud Conversion Line: 10.61
Active investors are constantly weighing risk and return when trading in the stock market. Every investor has to evaluate their risk appetite at some point. The amount of risk an investor is willing to take on can have a large impact on expected future returns. Some people may be much more comfortable with riskier investments than others. This can greatly vary from one person to the next. Once the individual investor is comfortable with the amount of money on the table, they should be able to spend their energies focused on finding a winning strategy. Finding a winning strategy may involve many different aspects of stock research. Following a plan may help investors plow through downturns in the markets, and being able to change the plan when things aren’t working can also be a help to longer-term portfolio health.