Ichimoku Technical Watch for Capital Southwest Corporation (NASDAQ:CSWC): Cloud Base Line at 21.515

Some stock market investors may abide to the saying, nothing ventured nothing gained. Others may operate by following the saying slow and steady wins the race. The correct move for one investor may not be the same for another. Some may choose to go all in, while others may look to reduce risk with stable long-term staple companies. Active equity investors may be forced to make hard decisions at some point, but working hard and being prepared may prove to be a portfolio booster. Dedicated investors are often willing to put in the extra hours in order to make sure no stone is left unturned.

Traders often use pivot point analysis to calculate proper support and resistance levels. Pivot points can be used as markers for traders to identify entry and exit positions. We can now take a look at some one month pivot points for Capital Southwest Corporation (NASDAQ:CSWC):

Fibonacci: 21.466667
Fibonacci support 1: 21.157248
Fibonacci support 2: 20.966087
Woodie: 21.6125
Woodie support 1: 21.295
Woodie resistance 1: 22.105
Camarilla: 21.466667
Classic: 21.466667
Classic resistance 1: 21.813334
Classic support 1: 21.003334

Scanning the levels on shares of Capital Southwest Corporation (NASDAQ:CSWC), investors might be seeing how close the current price is in relation to some historical high and low prices. Looking out over the previous 3 months, we note that the high/low is 24.175/17.22. Over the past 1 month, the high/low is 22.6/20.81. Looking back over the last full-year, the high price is 24.175, and the low price sits at 16.1833. For the last six months, the high was seen at 24.175, and the low was noted at
17.22.

Traders have the ability to use many different indicators when studying stocks. The Ichimoku Cloud is a highly popular indicator that helps display support and resistance. Looking at some Ichimoku levels, we note that the Ichimoku Cloud Base Line level is 21.515. The Ichimoku Could Conversion Line reading is 21.455. From another angle, the Ichimoku Lead 1 is presently 21.4175, and the Lead 2 level is 19.66.

The Donchian Channels indicator can be used to figure out if a market is overbought or oversold. A price breakthrough of either the upper or lower band may signal these conditions. The current reading for the 20 day lower band is 21.1. The current reading for the 20 day upper band is 21.93.

Looking at the stock’s volatility, we note that the current reading is 1.1655011. High volatility may show how the stock’s value can possibly be spread out over a larger range of values. Lower volatility points to the fact that a stock tends to be steadier. Weekly stock volatility clocks in at 1.5644304 while volatility for the month comes in at 2.1334345. The current Bull Bear Power reading for the stock is 0.24653925.

Investors are often searching through all the numbers to help decide which stocks to purchase. Taking a closer look at shares of Capital Southwest Corporation (NASDAQ:CSWC), we see that the stock’s latest close price was 21.67. Tracking historical price information can help investors see the bigger picture when looking at a stock. Since the beginning of the year, shares have seen a change of 12.799168. Over the last full year, shares have moved 27.529411. Bringing the focus in, the stock has changed 12.041344 over the past three months, 4.381319 over the last month, and 0.13856813 over the last week. Traders will be closely watching to see what happens to the stock price over the next couple of sessions.

Technical analysts will note that the Awesome Oscillator reading is presently 0.046588235. This oscillator may fluctuate above and below a zero line and can be used to create a wide variety of trading signals.

It may be difficult for many investors to decide the right time to buy or sell a stock. Veteran investors may seem like they have it all figured out, and amateurs may feel like they are swimming upstream. Seasoned traders may have spent many years monitoring market ebbs and flows. Knowing when to take profits or cut losses can be a tough skill to achieve. It might be hard letting go of a well researched stock that hasn’t been performing well. Being able to exit a trade that has gone south can be a portfolio saver in the long run.