Investor Brief: Watching the Signals on Shares of Panhandle Royalty Company (PHX) as the Pivot Stands at $15.52

Watching some technical levels for Panhandle Royalty Company (PHX), we have noticed that the current 20-Day Bollinger Bands signal is reading Hold. This indicator may be used to assist with identifying oversold and overbought conditions. The signal direction is currently Falling. Following another signal, we can see that the 10-day moving average Hilo channel reading is showing Sell. This indicator calculates the moving average based on highs/lows rather than the closing price. The direction of this signal has been noted as Strengthening.

Making smart choices when picking stocks is typically a top priority for successful investors. For new investors with little market knowledge, this can be challenging. Figuring out how to start building the stock portfolio may take a lot of time and effort. When the individual investor decides that they want to manage their own portfolio and make their own trades, the journey has just begun. Many individuals will be tempted to pursue stock trading plans based on advice from friends, colleagues, or family members. Even though certain plans may work for someone else, there is no guarantee that success will transfer to others. Investors often need to do their own research in order to obtain as much knowledge as possible before diving in to the markets.

Panhandle Royalty Company (PHX) currently has a 6 month MA of 17.76. Investors may use moving averages for different reasons. Some may use the moving average as a primary trading tool, while others may use it as a back-up. Investors may be watching when the stock price crosses a certain moving average and then closes on the other side. These moving average crossovers may be used to help identify momentum shifts, or possible entry/exit points. A cross below a certain moving average may signal the beginning of a downward move. On the other end, a cross above a moving average may indicatet a possible uptrend. Investors may be focused on multiple time periods when studying moving averages. Zooming out a bit further, we have noted that the 9 month moving average is currently 18.57.

Investors may be tracking the average range on shares of Panhandle Royalty Company (PHX). The stock currently has a 9 day average range of 0.6. This a moving average of trading ranges over a 9 day time frame. With this value, higher numbers tend to occur at market bottoms while lower values may be spotted during extended sideways periods. Looking at the 9 day relative strength reading, we can see that the value is currently 43.97%. This technical momentum indicator compares the size of recent gains to recent losses helping to identify possible overbought and oversold conditions.

Shifting gears, we see that the opinion signal for the current session is 72% Sell for Panhandle Royalty Company. Investors may also be watching the strength and direction of the opinion signals. The opinion direction is presently Strongest. This is a measurement over the last three trading sessions that gives an indication of whether the latest recent price movement is following the signal. A Buy or Sell signal with a “Strongest” direction indicates that the signal is gaining strength. The opinion strength signal is presently reading Strong. This is a longer-term measure verse the historical strength.

Panhandle Royalty Company (PHX) currently has a standard deviation of +0.05. Standard deviation is defined as a measure of the dispersion from the mean in regards to a data set. When dealing with financial instruments, the standard deviation is applied to the annual rate of return to help measure the volatility of a particular investment. Watching the standard deviation may help investors see if a stock is primed for a major move. The stock’s current pivot is 15.52. The pivot point is typically used as a trend indicator. The pivot is the average of the close, low, and high of the prior trading period.

There are so many different aspects to address when attempting to trade the stock market. With all the information available, it can become stressful trying to make sense of everything. Investors who are able to prioritize useful data may be able to make better big picture decisions. Even when all the research is done and the numbers have been crunched, investors still may find themselves forced with the tough decision of when to buy a specific equity. Doing the due diligence and being prepared can be a great asset when forced into a tough situation. Knowing when to pounce on an opportunity can be just as important as knowing when to exit a bad trade. As humans, investors will always be prone to making mistakes. Investors who are able to identify and learn from those mistakes might find themselves in a much better position over the long run.