As we close in on the end of the calendar year, investors may be trying to visualize potential trades for the New Year. There are many professionals that believe that there is still plenty of room for stocks to run even at current levels. Preparing the game plan for the next few quarters may give the investor some new ideas. Staying focused and maintaining discipline may help guide the investor to unchartered territory in the coming months. Tracking market events from multiple angles may also help provide some enhanced perspective.
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 for JPMorgan Chase & Co. (NYSE:JPM) below:
Simple Moving Average 20 day: 108.93159
Simple Moving Average 100 day: 109.67924
Simple Moving Average 10 day108.9425
Simple Moving Average 50 day: 109.34733
Simple Moving Average 30 day: 109.01572
Simple Moving Average 200 day: 112.329384
Traders may use a variety of moving average indicators when examining a particular stock. Checking on some Exponential Moving Averages on shares of JPMorgan Chase & Co. (NYSE:JPM), we note that the 200 day is 110.61246, the 100 day is 109.85856, and the 50 day is 109.1064. Zooming in closer, we note that the 30 day EMA is 108.88205, the 20 day is 108.674416, and the 10 day is noted at 107.896.
Traders might be keeping tabs on the Hull Moving Average. The current HMA reading is 103.999664. 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.
Conducting technical analysis of the stock may include following the Keltner Channel indicator. A recent check shows the 20 day lower band at 106.65571 and the 20 day upper band at 110.69312. 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 JPMorgan Chase & Co. (NYSE:JPM) will note that since the stock opened at 103.26, shares have seen a change of 1.91. During that period, the stock has touched a low of 102.88 and tipped a high of 105.36. Volume on the day is presently 7770373.
The 20 day Chaikin Money Flow indicator is currently -0.027355112. 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.
Investors will typically be keeping track of historical highs and lows for a particular stock that they are researching. Watching levels for JPMorgan Chase & Co. (NYSE:JPM, we can see that the all time high is currently 119.33, and the all time low is 3.2083495. Let’s look at some alternate high/low price data:
Six month low: 102.2
Six month high: 119.24
One year low: 102.2
One year high: 119.33
Three month low: 102.73
Three month high: 119.24
One month low: 102.88
One month high: 112.925
There are plenty of different types of stocks that investors have to choose from. Some will opt to be more aggressive with their portfolios while others will choose to play it a bit safer. Blue chip stocks include companies that typically have a high market cap and have been profitable over a long period of time. Growth stocks are typically expected to have a high P/E ratio and a low dividend yield. The idea is that a growth stock will continue to expand and grow into the future. Many investors will be searching for value stocks. Value stocks are typically cyclical in nature and investors may be looking to buy and hold these types rather than try to squeeze out some short-term profits.