For the average investor, figuring out how to best approach the stock market can be challenging. Many investors have probably seen at least one of their prized stocks take off in the last year, and they may be wondering which one is next. With the stock market still trading at super high levels, investors may be worried that a major shift will occur in the near future. Looking back over the first part of this year, investors may not have too much to fidget within the portfolio. If the stock market decides to reverse course and take a turn for the worse, investors may start questioning their strategy and become somewhat worried. Drastic shifts in the markets happen from time to time. Investors who are prepared for volatile market environments may be much better suited to weather the storm than those who are not. Crafting a plan that accounts for the regular ups and downs of the market may be a wise choice for the individual investor. This may mean shifting the mindset to be on the lookout for opportunities when they become available. Investors who have done the research and planning might be more secure in their stock choices should turbulent times arise.
Investors following Axon Enterprise, Inc. (:AAXN) can see that the stock most recently closed at 65.37
Past 3 months: 7.6885084
One year change: -11.40457808
Past week: 2.55566008
Past month: -10.6542822
Scanning through some ratings, we note that the current Oscillator Rating on Axon Enterprise, Inc. (:AAXN) is a “Buy”. The Moving Average Rating is sitting at a “Buy”. Traders may use these signals in conjunction with other indicators in order to set up the chart for future trading success.
Traders following Donchian Channels can see that the 20 day upper band is 66.77 and the 20 day lower band is 61.7. These channels are used by technicians to help spot possible breakouts, and they may also be used to confirm a defined trend.
Axon Enterprise, Inc. (:AAXN) has drawn the attention of traders as the price has moved -1.07445521% since the open. The prior session close was noted at 65.37. Looking back over the last month, we note that the stock’s high point was seen at 74.93.
Dedicated traders will often pay close attention to Exponential Moving Average levels. EMA study can help guide traders when gauging market strength. We can see the following EMA levels on the stock:
30 day Exponential Moving Average: 65.1714237
50 day Exponential Moving Average: 65.62876882
100 day Exponential Moving Average: 65.35321339
10 day Exponential Moving Average: 65.31837252
20 day Exponential Moving Average: 65.01181455
200 day Exponential Moving Average: 62.87165432
The HMA or Hull Moving Average for the stock is presently 66.25149037. The HMA may help with technical analysis by reducing lag and heightening responsiveness. Traders often find that following this indicator helps with reduction of noise.
As traders scan the equity market, they may be using Simple Moving Averages to help figure out where a stock is headed. Following some SMA levels, we can see that the 10 day is 65.23461, the 20 day is 64.40706, and the 30 day is 64.21039333. Tracking some other time periods, we note that the 50 day SMA is 66.132144 , the 100 day is 67.01383 , and the 200 day SMA is currently 61.939411.
Traders checking the pulse on shares of Axon Enterprise, Inc. (:AAXN) will note that since the opening price of 66.04, the stock has moved -0.67. During the session, the stock has hit a low of 65.33 and reached a high of 66.05. Volume on the day is around 95727.
Traders may be going deeper into the playbook in order to scoop up profits in the current stock market environment. The first half of the year has produced plenty of big winners. Investors will be closely monitoring the most recent earnings releases to hopefully spot the next big mover. Traders may be looking to more closely define some major trends in order to identify which way the momentum is going to carry the stock market into the close of the calendar year. Keeping track of all the financial news and global happenings can be a tall order, even for the most seasoned investors. Staying the course while following a sound investing plan can help the individual investor become prepared for whatever lies ahead. The optimists still believe there is much more room for growth in the markets while the pessimists are calling for a major reversal in the near future. Traders and investors will be closely tracking the major economic news to help come to a solid conclusion about which way the markets are headed. Staying up on the fundamentals as well as the popular technical indicators may help the investor sort through the maze and prepare for the next stage.