Watching the Technical Levels on Shares of Wintrust Financial Corporation (NASDAQ:WTFC): Awesome Oscillator Touches -2.4803088

Individual investors have the tendency to migrate towards certain stock strategies that have been successful in the past. While following previous strategies may be profitable, investors have to be ready for sudden market changes. Most investors will rejoice when stocks in the portfolio catch a hot streak. On the opposite side, investors may become highly dejected when they experience a prolonged losing streak. Sometimes, previously successful strategies run their course and they no longer work. Investors may benefit greatly from being able to make adjustments when the market takes a turn for the worse. 

Technical traders have many tools at their disposal when conducting stock research. One of those tools is the Exponential Moving Average or EMA. The EMA is similar to the simple moving average, but more weight is put on the newest data. Let’s look at some different EMA levels on shares of Wintrust Financial Corporation (NASDAQ:WTFC):

10 day Exponential Moving Average: 71.65569
20 day Exponential Moving Average: 72.373825
30 day Exponential Moving Average: 72.640366
50 day Exponential Moving Average: 72.672485
100 day Exponential Moving Average: 72.78196
200 day Exponential Moving Average: 74.851265

Following trading action on shares of Wintrust Financial Corporation (NASDAQ:WTFC), we see that the stock has moved 0.28 since the opening price of 70.58. So far, the stock has reached a high of 70.91 and dipped to a low of 70.51. The consensus rating on the stock is currently Sell, and today’s volume has been measured around 5625.

Tracking some stock ratings, we can see that the stock’s Moving Average Rating is currently pointing to a “Strong Sell”. Traders may be monitoring many different indicators in order to get a grasp of where the stock may be moving in the near future. Taking a look at the Oscillators rating, we note that the reading is pointing to a “Neutral”.

Traders will take note of the 20 day Chaikin Money Flow indicator that is now at -0.18412971. The value of this indicator will fluctuate between 1 and -1. Traders may be watching when the CMF crosses zero. This cross might point to a bullish or bearish price reversal depending on which way it is moving crossing the zero line.

There are a number of different pivot points that traders can use when conducting stock analysis. Pivot points can be useful for traders looking to establish trading entry and exit points. Focusing on some popular one month pivots, we see that the Woodie pivot is currently at 73.8275. The Woodie support 1 pivot is 72.485, and the Woodie resistance 1 pivot is 74.555. The Camarilla one month pivot is presently 73.89. The one month Classic pivot is 73.89 and the Classic resistance 1 is 74.68 while the Classic support 1 pivot is measured at 72.61.

The Awesome Oscillator reading is currently -2.4803088 for on shares of Wintrust Financial Corporation (NASDAQ:WTFC). Technical traders will watch the AO especially when it crosses above or below the zero line. A move above the line may signal a bullish scenario. A move below the zero line may indicate a bearish selling opportunity. The AO may prove to be a valuable tool for many momentum traders.

Taking a look at the Donchian Channels indicator, we note that the 20 day lower band is 70.16. The 20 day upper band is 75.17. This indicator was created by Richard Donchian, and traders follow these channels to help identify potential trading signals.

Investing in the stock market has traditionally offered higher returns than other types of investments. With the higher potential for returns, there is also a higher risk factor. Investors typically need to address their own personal risk situation before jumping into the market. Figuring out risk appetite can help when choosing which types of stocks to buy. Some investors will decide that they want to take a chance on certain stocks that have the potential to outperform in the future. Other investors may opt to play it safe and build a portfolio with low risk, staple stocks.