While it might be very important for investors to know exactly what is going on with their portfolios, it should be noted that short-term market fluctuations have the tendency to be quite volatile. Longer-term investors may not be overly concerned about stock price fluctuations on a day to day basis if they are in a position for the long haul. Shorter-term investors may be keeping a much closer eye on things if they had originally planned to get in or out at certain levels. Of course, staying up on technical and fundamental data may prove to be the difference between a good portfolio and a great portfolio. Many sharp investors may have taken a considerable amount of time crafting a unique strategy. Keeping focused on previously determined risk tolerance and goals may help drown out the day to day noise to keep the longer-term goals clearly in view.
After a recent check, we see that the Bull Bear Power reading is 0.12978368 on shares of Canadian National Railway Company (NYSE:CNI). Moving to some volatility readings, we see that the current value is 3.5079458. Looking out for the week, volatility is 2.435023. For the previous month, volatility is at 2.138179. Investors often track volatility across sectors to compare with the overall volatility in the market.
Traders use pivot point analysis to help determine key levels where a stock price may react. Tracking these turn around levels may help the trader while attempting stock analysis. Looking at some current one month pivots, we note that the Fibonacci pivot is 85.03 while the Fibonacci support 1 pivot is 83.53638, and the Fibonacci support 2 is 82.61362. Checking on the one month Woodie pivot, we note the level at 86.0175. The Woodie support 1 pivot is 85.445, and the Woodie resistance 1 pivot is 89.355.
Traders using technical analysis may be employing moving average indicators to assist with gauging a certain market move or to indicate its strength. Many traders will rely on the EMA or Exponential Moving Average to accomplish this. Checking on some recent levels we can see that the 10 day EMA is 85.265045, the 20 day is 85.08427, and the 30 day is 85.03681. Pulling back a bit, we note that the 100 day EMA is 85.53989, the 50 day is 85.122154, and the 200 day EMA is 85.35525.
A good way for investors to understand stock price movements is to look at how it has performed at various intervals in the past. Tracking shares of Canadian National Railway Company (NYSE:CNI), we see that the most recent close price was 85.36
Prior week: 0.8863153
Prior month: 0.24659465
Last 6 months:3.290986
Last 3 months: -2.3450012
Investors might be looking around every corner when analyzing shares of Canadian National Railway Company (NYSE:CNI). Many investors will closely track a stock when it nears a major historical high or low point. Let’s take a quick peek at some major historical highs and lows for the stock:
All time high: 91.9
All time low: 2.8229308
52 week high: 91.9
52 week low: 70.59
6 month high: 91.9
6 month low: 78.86
3 month high: 91.9
3 month low: 80.01
One month high: 87.93
One month low: 81.93
Shifting the technical focus to Keltner Channels, we see that the 20 day upper envelope is 86.358955. The 20 day lower envelope is currently 83.80958. Traders may be watching for a breakthrough of the higher or lower Keltner bands.
Following recent trading activity, we note that Canadian National Railway Company (NYSE:CNI) has seen a move of -0.21042787% since the open. The prior close was 85.36 and the one month high price is currently 87.93.
Serious investors are often looking for that next batch of quality stocks to add to the portfolio. Finding quality stocks at a discount can be a tough task, especially with the market trading at such high levels. Many investors will be patiently waiting for a dip to get in on some researched names. Being prepared for any situation may help the investor make those tricky decisions when opportunities present themselves. Nobody can say for sure which way momentum is likely to swing heading into the New Year. Staying on top of the key economic data can help provide a good baseline for stock investing decisions in the near future.