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Awesome Oscillator Strolls to 1.7639265 For Northwest Pipe Company (NASDAQ:NWPX)

Investors are usually striving to find that next big stock to add to the portfolio. With markets still riding high, investors will be closely watching the numbers as companies start reporting quarterly earnings results. Investors will also be keeping an eye on key economic data over the next few weeks. Many individual investors will approach the stock market from various angles. This may include following fundamental and technical information, and it may also include following analyst projections.

The Donchian Channels indicator can be used to figure out if a market is overbought or oversold. A price breakthrough of either the upper or lower band may signal these conditions. The current reading for the 20 day lower band on shares of Northwest Pipe Company (NASDAQ:NWPX) is 22.66. The current reading for the 20 day upper band is 25.46.

Traders often use pivot point analysis to calculate proper support and resistance levels. Pivot points can be used as markers for traders to identify entry and exit positions. We can now take a look at some one month pivot points:

Fibonacci: 23.968334
Fibonacci support 1: 23.404882
Fibonacci support 2: 23.056784
Woodie: 24.00875
Woodie support 1: 23.5325
Woodie resistance 1: 25.0075
Camarilla: 23.968334
Classic: 23.968334
Classic resistance 1: 24.926666
Classic support 1: 23.451666

Looking at the stock’s volatility, we note that the current reading is 8.224375. High volatility may show how the stock’s value can possibly be spread out over a larger range of values. Lower volatility points to the fact that a stock tends to be steadier. Weekly stock volatility clocks in at 4.0250845 while volatility for the month comes in at 2.9407027. The current Bull Bear Power reading for the stock is 0.5784935.

Traders have the ability to use many different indicators when studying stocks. The Ichimoku Cloud is a highly popular indicator that helps display support and resistance. Looking at some Ichimoku levels, we note that the Ichimoku Cloud Base Line level is 23.32. The Ichimoku Could Conversion Line reading is 24.64. From another angle, the Ichimoku Lead 1 is presently 22.255, and the Lead 2 level is 22.43.

Investors are often searching through all the numbers to help decide which stocks to purchase. Taking a closer look at shares of Northwest Pipe Company (NASDAQ:NWPX), we see that the stock’s latest close price was 24.85. Tracking historical price information can help investors see the bigger picture when looking at a stock. Since the beginning of the year, shares have seen a change of 6.912838. Over the last full year, shares have moved 38.564274. Bringing the focus in, the stock has changed 6.7753 over the past three months, 9.933775 over the last month, and 4.886268 over the last week. Traders will be closely watching to see what happens to the stock price over the next couple of sessions.

Scanning the levels on shares of Northwest Pipe Company (NASDAQ:NWPX), investors might be seeing how close the current price is in relation to some historical high and low prices. Looking out over the previous 3 months, we note that the high/low is 25.56/20.76. Over the past 1 month, the high/low is 25.56/21.02. Looking back over the last full-year, the high price is 25.56, and the low price sits at 16.52. For the last six months, the high was seen at 25.56, and the low was noted at
16.52.

Technical analysts will note that the Awesome Oscillator reading is presently 1.7639265. This oscillator may fluctuate above and below a zero line and can be used to create a wide variety of trading signals.

Investors might be looking to sharpen the gaze and focus on recent market action. As we move into the second part of the year, everyone will be watching to see which way the stock market momentum shifts. Many believe that the bulls are still charging while others feel like the bears may be waiting in the wings. There are various schools of thought when it comes to trading stocks. Investors may have to first asses their appetite for risk in order to start creating a solid investment plan. 

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