When it comes to investing in the equity market, discipline can play a major role in achieving ones goals. A few bad moves can send the investor’s confidence spiraling. Acting purely on emotion can lead to impulsive decisions that may cause the losses to pile up. Creating a solid plan and following through with the plan can help investors stay on track and focus on the proper details. Markets are constantly going up and down and the investing ride can sometimes be a bumpy one. Being able to see the big picture and focus on the important data can help keep the investor tuned in to the right channel. Investors who expect to jump into the market and immediately start raking in the profits may find out fairly quickly that trading without a plan can be a recipe for defeat.
Watching volatility readings, we can see the current value for Mersana Therapeutics, Inc. (:MRSN) is 11.88630491. Volatility for the week stands at 9.57495082, and the monthly reading is 10.7394208. Volatility involves the amount of risk in relation to the amount of change in a stock’s value.
Shares of Mersana Therapeutics, Inc. (:MRSN) ended last session at 3.97. Following today’s trade, we note that the stock has moved -1.36645963% since the opening bell. The company has a current market cap of 206613990.8. The stock’s high price over the last month is presently 6.6.
Checking in on the Awesome Oscillator, we see that the reading is -0.88677059. Traders may follow this oscillator to measure market momentum. Created by Bill Williams, the Awesome Oscillator calculates the difference of the 5 period and 34 period SMA.
Donchian Channels may be useful for technical traders. The primary function of the indicator is to measure volatility. The bands will widen when volatility is high, and they will become narrow with low volatility. The 20 day upper band level is 5.23. For the same period, the lower band level is 3.87.
Trading on volume of 88877, Mersana Therapeutics, Inc. (:MRSN) has seen a change from the open of -0.06 since the stock opened at 4.03. Monitoring today’s activity, the stock has hit a high point of 4.03 and slipped to a low of 3.91.
The 20 day Keltner Channels upper envelope is 5.00228893. The 20 day Keltner Channels lower envelope is 4.36370911. The Keltner Channels indicator was introduced by Chester Keltner in his book How to Make Money in Commodities. Keltner’s ideas have since been expanded upon and are widely used by technical traders.
Following the Chaikin Money Flow indicator, we note that the current 20 day value is -0.17424278. Traders will watch to see if the indicator can help confirm an ongoing trend. In the midst of a bullish trend, the CMF value staying above zero may point to continuous buying pressure and the possibility of a sustained rise in price. In the midst of a bearish trend, the CMF value staying below zero may show continuous selling pressure and the possibility of continued price decline.
Scanning the equity market, we note that the stock’s current Oscillator Rating is showing “Buy”. Traders will take note of many different factors when examining a stock’s health. Flipping over to the Moving Average Rating, we see that the current sentiment is pointing to a “Strong Sell”.
Although the investing process is fairly straightforward, securing consistent returns in the stock market is not easy. Throwing hard earned money at un-researched investments can eventually lead the investor down the road to ruin. Every individual investor may have different goals when starting out. Aligning these goals with a specific plan can create a solid foundation for the future. Nobody can predict what the future will hold, but being aware of market conditions can be a great asset when attempting to navigate the terrain while mitigating risk. Once the vision of the individual investor is clear, the road to sustaining profits may be much easier to travel.