When getting into the markets, most investors realize that riskier stocks may have an increased potential for higher returns. If investors decide to take a chance on some of these stocks, they may want to employ some standard techniques to help manage that risk. This may involve creating a diversified stock portfolio. Mixing up the portfolio with stocks from different sectors, market caps, and growth potential, may be the right move. In general, the goal is to maximize returns in accordance with the individual’s specific risk profile. It should be obvious that no matter how well rounded the portfolio is, there are always risks in the equity markets. Having a sound plan before investing can help ease the burden of knowing that markets can sometimes do crazy things without any rhyme or reason.
Traders often use pivot point indicators when conducting technical stock analysis. Pivot points are commonly used to help identify trends of various time periods. Let’s check on some different one month pivot points on shares of DXP Enterprises, Inc. (NASDAQ:DXPE):
Classic resistance 1: 33.32
Classic support 1: 31.54
Fibonacci support 1: 31.57004
Fibonacci support 2: 31.14996
Woodie support 1: 31.69
Woodie resistance 1: 33.47
Investors tracking shares of DXP Enterprises, Inc. (NASDAQ:DXPE) will note that the stock has seen a change of 0.53274835% since the open. Shares recently finished the previous session at 32.08. The one month high for the stock is currently standing at 37.77. The firm currently has a market capitalization of 575088691.1.
Switching the focus to the Awesome Oscillator, we see that the present reading is 0.28521412. Traders may be watching this oscillator to help identify a change in momentum. The AO can be a useful tool when trying to understand certain price movements.
Traders may be keeping a close eye on shares of DXP Enterprises, Inc. (NASDAQ:DXPE). Looking at past price performance may help them gauge how the stock will react in the future. Keeping in mind the most recent close price of 32.08, we note that the stock has seen a move of -1.77859552 over the previous week. Looking back out over the last month, the stock has moved -14.17470525. Over the past three months, the stock has seen a change of -26.16413094. Investors may want to go back even further to see what has transpired over a longer period of time. Since the start of the calendar year, shares have changed 15.05028736. Going back a full 52 weeks, the stock has seen a change of -23.95536562 over that period of time.
Technical stock analysts are always using every possible piece of information to help make the best possible trades. A popular flexible indicator is the Ichimoku Cloud. This indicator can help portray the momentum and trend direction of a stock. Ichimoku signals can help the trader find possible entry and exit points. Checking on some recent indicator levels, we note that the Ichimoku Could Conversion Line level is 33.215, and the Ichimoku Cloud Base Line level is 32.695. Tracking some variations, the Ichimoku Lead 1 is presently 35.4075, and the Lead 2 level is 36.18.
Investors may be interested in the current Bull Bear Power reading for DXP Enterprises, Inc. (NASDAQ:DXPE) which is currently at -1.54547867. Investors may also be looking at some historical volatility numbers. Volatility for the month is presently 4.03887556. Looking back for the previous week, volatility is 4.59213863.
Traders may be looking at some EMA levels on company shares. The exponential moving average can be very useful when applied correctly. They tend to work well when markets are trending. Here’s a look at some popular EMA levels:
50 day EMA: 33.68356537
100 day EMA: 34.73555295
200 day EMA: 35.77357313
10 day EMA: 32.84841595
20 day EMA: 32.94022707
30 day EMA: 33.16747157
Active investors are typically interested in the factors that drive stock price movements. Buying an individual stock means that you own a piece of the company. The hope is that the company does very well and becomes highly profitable. A profitable company may decide to do various things with the profits. They may reinvest profits back into the business, or they may choose to pay shareholders dividends from those earnings. Sometimes stocks may eventually become undervalued or overvalued. Spotting these trends may lead to further examination or the underlying fundamentals of the company. A company that continues to disappoint on the earnings front may have some issues that need to be addressed. It is highly important to make sure all the research is done on a stock, especially if the investor is heavily weighted on the name. Sometimes earnings reports may be good, but the stock price does not reflect that. Having a good understanding of the entire picture may help investors better travel the winding stock market road.