Moving Average Rundown: A Closer Look at Shares of Schneider Electric (SBGSF)Posted by Schneider Electric on December 2nd, 2017 Moving Averages are prominently used technical indicators that smooth out price action by filtering out random price fluctuations. It’s a trend-following (lagging) indicator as it is based on past pricing. The two basic Moving Averages are the simple moving average (SMA), the simple average of a security over a defined number of time, and the exponential moving average (EMA), which gives more prominence to recent prices. The most common reasons why MAs are used are to determine support and resistance levels and to identify trend direction. Though MAs are useful on their own, they also lay the foundation for other indicators such as the Moving Average Convergence Divergence (MACD). Schneider Electric (SBGSF)’s 5-Day Moving Average is 84.085, its 3-Month Moving Average is 85.2146 and its 12-Month Moving Average is 76.5884. Schneider Electric (SBGSF) opened at .175, reaching a high of .175 and touching a low of .85 during trading. Change is the difference between the current price and the previous day’s settlement price. Change is the basis for describing and measuring data over a specific period of time. A negative change indicates declining performance while a positive change indicates an improved performance. Interpretation change can be left to the analyst. The formula for finding change is by subtracting the previous time period from the most recent time period. If a company trades at at the end of the first quarter and at the end of the second quarter, the change minus , or . Here we find the change to be positive, but by how much? The price went up from to , so it doubled. In this example, the company’s stock price grew 100% in the first quarter. Investors like change. Change allows investors to make a profit. In volatile markets, there are many opportunities for investors to make up for losses. Prices are based on the change in price of assets. Value is based on changing prices. “Calls” make a bet that the price of the asset will increase, while “puts” bet that the price of the asset will go decrease. More volatility means that there is more likely a chance for investors to make a profit. Schneider Electric (SBGSF)’s share price changed .1, a percentage of +1.30%%. A 52-week high/low is the highest and lowest share price that a stock has traded at during the previous year. Investors and traders consider the 52-week high or low as a crucial factor in determining a given stock’s current value while also predicting future price movements. When a commodity trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), investors usually show more interest as the price nears either the high or the low. One of the more popular strategies used by traders is to buy when the price eclipses its 52-week high or to sell when the price drops below its 52-week low. The rationale involved with this strategy says that if the price breaks out either above or below the 52-week range, there is momentum enough to continue the price fluctuation in a positive direction. Schneider Electric (SBGSF)’s high over the last year was .1375 while its low was .05. Barchart Opinions show investors what a variety of popular trading systems are suggesting. These Opinions take up to 2 years’ worth of historical data and runs the prices through thirteen technical indicators. After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study. Today’s opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Schneider Electric (SBGSF) is 64% Buy. Today’s short-term signal of 80% Buy is based on the average of where the price lies in reference to the common interpretation of the short-term studies. Schneider Electric (SBGSF)’s long-term signal, based on the average of where the price lies in reference to the common interpretation of the long-term studies, is 67% Buy. About Schneider Electric Like it? Share it!More by this author |