Investing in the stock market can sometimes be a wild ride. Without the proper planning and research, investors may quickly find themselves on the outside looking in. Doing the research and studying the market can be helpful, but creating a trading or investing plan may be the most important part of the process. When the back testing and practice is completed, the real challenge awaits. The practice and preparation can be very helpful for understanding the market, but when real money gets put on the line, it can be a whole different ballgame. The more successful traders and investors are the ones who are able to stay focused and disciplined even throughout turbulent market situations.
Tracking some stock ratings, we can see that the stock’s Moving Average Rating is currently pointing to a “Strong Buy” for Advanced Micro Devices, Inc. (NASDAQ:AMD). 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”.
Following trading action on shares of Advanced Micro Devices, Inc. (NASDAQ:AMD), we see that the stock has moved 0.1566 since the opening price of 20.1134. So far, the stock has reached a high of 20.35 and dipped to a low of 20.08. The consensus rating on the stock is currently Buy, and today’s volume has been measured around 24213824.
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: 19.878126
20 day Exponential Moving Average: 19.464325
30 day Exponential Moving Average: 19.306559
50 day Exponential Moving Average: 19.396027
100 day Exponential Moving Average: 20.202023
200 day Exponential Moving Average: 20.69012
Taking a look at the Donchian Channels indicator, we note that the 20 day lower band is 16.94. The 20 day upper band is 21.44. 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 0.21002534. 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 1.2437273. 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 Advanced Micro Devices, Inc. (NASDAQ:AMD), we see that the Woodie pivot is currently at 18.7225. The Woodie support 1 pivot is 18.375, and the Woodie resistance 1 pivot is 20.505. The Camarilla one month pivot is presently 18.336666. The one month Classic pivot is 18.336666 and the Classic resistance 1 is 19.733334 while the Classic support 1 pivot is measured at 17.603333.
As many investors probably already know, there is no one way to select winning stocks. There are plenty of different theories and ideas out there, and it may become overwhelming to look at all of them. Individual investors who manage their own money may have to dedicate an ample amount of time to find a strategy that works for them. Understanding portfolio diversification, personal risk tolerance, and time horizon may be a good place for the investor to start. Because there is no guarantee that past performance will indicate future results, investors may have to be willing to come at the market from a few different angles.