Investors are usually trying to take advantage of every possible market scenario. Tracking the market from many different angles can help the investor put together the big stock market picture. Many investors have the tendency to get caught up in all the headlines and news of the day. Sometimes that news will be relevant, but other times it will just be noise. Everyone has an opinion on where the stock market is headed, but nobody knows for sure. Studying the fundamentals and pertinent economic numbers can provide a solid foundation for investors to build from.
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 on shares of Kforce Inc. (NASDAQ:KFRC), we see that the Woodie pivot is currently at 35.33875. The Woodie support 1 pivot is 34.3825, and the Woodie resistance 1 pivot is 37.8975. The Camarilla one month pivot is presently 35.025. The one month Classic pivot is 35.025 and the Classic resistance 1 is 37.27 while the Classic support 1 pivot is measured at 33.755.
Tracking some stock ratings, 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 “Buy”.
Following trading action on shares of Kforce Inc. (NASDAQ:KFRC), we see that the stock has moved 0.06 since the opening price of 38.08. So far, the stock has reached a high of 38.22 and dipped to a low of 38.02. The consensus rating on the stock is currently Strong Buy, and today’s volume has been measured around 1600.
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: 37.011307
20 day Exponential Moving Average: 36.032833
30 day Exponential Moving Average: 35.29851
50 day Exponential Moving Average: 34.298023
100 day Exponential Moving Average: 33.316692
200 day Exponential Moving Average: 33.360634
Taking a look at the Donchian Channels indicator, we note that the 20 day lower band is 32.78. The 20 day upper band is 38.31. 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 0.27219224. 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 2.8975883 for Kforce Inc. (NASDAQ:KFRC). 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.
Some investors may be bemoaning the stock choices they have made over the last year. Crafting a detailed plan may help with turning things around. The stock market is still running at high levels and investors need to be able to make every trade count. The next couple of weeks may be a great time for investors to review the portfolio and make some adjustments for the last few months of the year. Most investors realize that there are no certainties when it comes to stock market investing. Investors who make the proper preparations and put in the extra time may be able to get themselves headed on the right track to realizing profits.