Trading Monitor on This Stock: Spectrum Brands Holdings, Inc. (NYSE:SPB)

The primary goal for some beginner traders might be just trying to survive. Traders that are disciplined with their money management may be able to better ride out the bumps that come with inexperience. Amateur traders tend to put too much at risk which can increase frustration during an extended losing streak. The more capital that is lost, the more difficult it can be to recover. Markets can be cruel, and traders that jump in without proper preparation can get pounded. Taking the time to carefully prepare before putting hard earned money at risk can help when the inevitable sticky situations arise.

Spectrum Brands Holdings, Inc. (NYSE:SPB) has drawn the attention of traders as the price has moved 0.74703234% since the open. The prior session close was noted at 49.225. Looking back over the last month, we note that the stock’s high point was seen at 58.35.

Dedicated traders will often pay close attention to Exponential Moving Average levels. EMA study can help guide traders when gauging market strength. We can see the following EMA levels on the stock:

30 day Exponential Moving Average: 51.76755
50 day Exponential Moving Average: 51.688614
100 day Exponential Moving Average: 52.670177
10 day Exponential Moving Average: 49.670525
20 day Exponential Moving Average: 51.301712
200 day Exponential Moving Average: 58.426266

The HMA or Hull Moving Average for the stock is presently 47.736317. The HMA may help with technical analysis by reducing lag and heightening responsiveness. Traders often find that following this indicator helps with reduction of noise.

As traders scan the equity market, they may be using Simple Moving Averages to help figure out where a stock is headed. Following some SMA levels, we can see that the 10 day is 49.5525, the 20 day is 52.97525, and the 30 day is 53.166832. Tracking some other time periods, we note that the 50 day SMA is 52.6514 , the 100 day is 49.1189 , and the 200 day SMA is currently 58.0952.

Scanning through some ratings, we note that the current Oscillator Rating on the stock is a “Sell”. The Moving Average Rating is sitting at a “Strong Sell”. Traders may use these signals in conjunction with other indicators in order to set up the chart for future trading success.

Investors following Spectrum Brands Holdings, Inc. (NYSE:SPB) can see that the stock most recently closed at 49.225
Past 3 months: -25.664652
One year change: -48.7049
Year-to-date: 16.473373
Past week: -14.298154
Past month: -3.4530115

Traders following Donchian Channels can see that the 20 day upper band is 58.24 and the 20 day lower band is 46.23. These channels are used by technicians to help spot possible breakouts, and they may also be used to confirm a defined trend.

Traders checking the pulse on shares of Spectrum Brands Holdings, Inc. (NYSE:SPB) will note that since the opening price of 49.02, the stock has moved 0.205. During the session, the stock has hit a low of 48.8 and reached a high of 49.325. Volume on the day is around 8269. 

Successful traders often craft disciplined strategies when dealing with the stock market. These strategies can range from very simple to very complex. Following a specific strategy might help keep emotions on the sidelines when trouble comes. Conducting the proper analysis before things get out of hand can help ease the burden of market turmoil because the preparation has already started. The road to becoming a good trader may be long and winding. Keeping tabs on all the macro and micro economic happenings may seem like an impossible task. Focusing on the important elements can help keep the trader directed down the right path. There is obviously a lot to be learned by studying the markets, and there are rarely any shortcuts that can be taken to lasting success in the stock market.

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