Investors are frequently looking for any possible way to get a leg up in the market. This may involve committing to plan that will hopefully outperform the market and maximize profits. Many investors will choose to employ top-down analysis. Top-down analysis involves examining the big picture of the economy and the world of finance. After studying global economic conditions, investors may then analyze different sectors that are possibly well positioned to beat the market. After identifying the sector or sectors, investors may then do further analysis of stocks within the specific industry in order to find firms that are successful and primed for growth. Other individual investors may choose to go with bottom-up analysis when looking for stock to add to the portfolio. The bottom-up approach takes the emphasis off of the power and significance of market and economic cycles. Investors may focus on individual companies and not worry so much about the specific industry or economy in general.
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 PolyMet Mining Corp. (:PLM), we see that the most recent close price was 0.6563
Prior week: 0.9380286
Prior month: -9.085873
Last 6 months:-25.595102
Last 3 months: -19.072865
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 0.6652663, the 20 day is 0.6727068, and the 30 day is 0.6814324. Pulling back a bit, we note that the 100 day EMA is 0.7367019, the 50 day is 0.6991678, and the 200 day EMA is 0.78726083.
After a recent check, we see that the Bull Bear Power reading is -0.0225856. Moving to some volatility readings, we see that the current value is 3.0769231. Looking out for the week, volatility is 3.57827. For the previous month, volatility is at 3.1667252. Investors often track volatility across sectors to compare with the overall volatility in the market.
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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 for PolyMet Mining Corp. (:PLM), we note that the Fibonacci pivot is 0.6655667 while the Fibonacci support 1 pivot is 0.65154725, and the Fibonacci support 2 is 0.64288604. Checking on the one month Woodie pivot, we note the level at 0.669175. The Woodie support 1 pivot is 0.65165, and the Woodie resistance 1 pivot is 0.68835.
Following recent trading activity, we note that PolyMet Mining Corp. (:PLM) has seen a move of -1.1745219% since the open. The prior close was 0.6563 and the one month high price is currently 0.73.
Shifting the technical focus to Keltner Channels, we see that the 20 day upper envelope is 0.6853075. The 20 day lower envelope is currently 0.660106. Traders may be watching for a breakthrough of the higher or lower Keltner bands.
Investors might be looking around every corner when analyzing shares of PolyMet Mining Corp. (:PLM). 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: 4.85
All time low: 0.022
52 week high: 1.25
52 week low: 0.645
6 month high: 1.25
6 month low: 0.645
3 month high: 0.8799
3 month low: 0.645
One month high: 0.73
One month low: 0.645
When dealing with the equity markets, investors are often tasked with trying to find stocks that are bound for glory. Every investor dreams of finding those stocks that were overlooked but are poised to pick up momentum. New investors are often instructed to set goals before starting to invest. Creating attainable, realistic goals can be a good starting point before digging into the investment trenches. After setting up goals considering financial status, objectives, timeframes and risk appetite, the next step may involve creating an actionable plan. Once the plan is in place, it may be extremely important to routinely monitor the performance of the portfolio. There are often many well crafted investment plans that for whatever reason don’t seem to be working out properly. Being able to evaluate and adjust the plan based on market activity may end up being the difference between a winning or losing portfolio. Being able to adapt to the fast paced and often times tumultuous market landscape can be a gigantic benefit for long-term portfolio health.
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