Investors might be trying to figure out how to play the stock market at current levels. The optimist may see much more upward action in the future while the pessimist may be waiting for the impending disaster. Buying into the market at these levels will no doubt come with a bit of caution. Even at these levels, there may still be some good buys. The average individual investor may need to spend a little more time doing the homework, but it may pay off handsomely if the stock market decides to break out higher. As companies start to report quarterly earnings, investors will be watching to see what types of trends emerge. A generally upbeat earnings season may give the bulls more strength to breakout and continue the charge higher into the later stages of the year.
The 20 day Chaikin Money Flow indicator for iShares MSCI New Zealand ETF (:ENZL) is currently -0.16733068. 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 for iShares MSCI New Zealand ETF (:ENZL), we note that the 200 day is 47.80723, the 100 day is 48.070637, and the 50 day is 48.689774. Zooming in closer, we note that the 30 day EMA is 49.17525, the 20 day is 49.45822, and the 10 day is noted at 49.69592.
Conducting technical analysis of the stock may include following the Keltner Channel indicator. A recent check shows the 20 day lower band at 49.15216 and the 20 day upper band at 49.764282. 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.
Investors tracking shares of iShares MSCI New Zealand ETF (:ENZL) will note that since the stock opened at 49.84, shares have seen a change of -0.03. During that period, the stock has touched a low of 49.81 and tipped a high of 49.84. Volume on the day is presently 200.
Investors will typically be keeping track of historical highs and lows for a particular stock that they are researching. Watching levels for iShares MSCI New Zealand ETF (:ENZL, we can see that the all time high is currently 51.06, and the all time low is 25.92999. Let’s look at some alternate high/low price data:
Six month low: 43.66
Six month high: 50.31
One year low: 43.66
One year high: 51.06
Three month low: 44.81
Three month high: 50.31
One month low: 48.01
One month high: 50.31
Traders might be keeping tabs on the Hull Moving Average. The current HMA reading is 49.631. 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.
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:
Simple Moving Average 20 day: 49.557
Simple Moving Average 100 day: 47.7011
Simple Moving Average 10 day49.77
Simple Moving Average 50 day: 48.5471
Simple Moving Average 30 day: 49.193333
Simple Moving Average 200 day: 47.54095
Doing the proper research can go a long way when preparing to enter the stock market. Professional investors typically make sure that all the necessary research is completed when making crucial decisions. Of course, all the research in the world cannot guarantee success in the markets, but it can help to keep the investor one step ahead of the class. Understanding how the stock market functions can help the investor gain the confidence to start conquering the terrain. Building confidence in investing decisions can play a big part in the future success of the individual’s portfolio.