Keltner Channels Update on These Shares: DeltaShares S&P 500 Managed Risk ETF (:DMRL): 20 Day Upper Keltner Level at 55.7875658

New investors may be looking at the soaring stock market and wondering if now is a good time to try and get in on the action. Leaping into the market without proper research or a solid plan may leave the investor on the short end of the stick. Creating a stock investing plan can be as simple or complex as the individual chooses. Sometimes, keeping things simple may be the best way to go. Other times, there may be more than meets the eye, and a deep-dive into the crucial data may be required. New investors may be extremely excited to start buying stocks. They may have heard some great water cooler talk about the next big stock. There is always a possibility that the hot stock chatter may end up coming to fruition, but it could just as likely turn out to be terribly erroneous. Many individuals in the financial world will be quick to provide these can’t lose picks, but until this information is thoroughly researched, investors may want to proceed with caution.

Tracking the Hull Moving Average for DeltaShares S&P 500 Managed Risk ETF (:DMRL), we note that the current level is 55.90484481. The Hull Moving Average was introduced by Alan Hull. Swing traders often use this indicator in combination with other signals in order to help identify possible entry and exit spots.

Expanding the technical focus for DeltaShares S&P 500 Managed Risk ETF (:DMRL), we see that the Keltner Channels 20 day upper band is 55.7875658, and the 20 day lower band is55.00266901. The Keltner Channels indicator is similar to Bollinger Bands and Moving Average Envelopes.

There are multiple moving average indicators that traders may rely on when conducting stock research. One of the most popular is the Simple Moving Average. The SMA is unweighted, meaning that each period in the set of data is weighted equally. Looking at some SMA levels, we can see that the 10 day is 55.78031, the 20 day is 54.992925, and the 30 day is 55.07798. Tracking some other time periods, we note that the 50 day SMA is 55.420714 , the 100 day is 55.672281 , and the 200 day SMA is currently 54.500036.

Many traders will look to optimize stock trades by using various technical indicators. The Ichimoku Cloud indicator is highly flexible and is commonly used in conjunction with the RSI to help confirm momentum and overall trends. Let’s focus on a few different Ichimoku readings:

Ichimoku Cloud Base Line: 54.7654
Ichimoku Cloud Conversion Line: 55.87315
Ichimoku Lead 1: 55.824525
Ichimoku Lead 2: 55.9956

Traders focusing on technical analysis may be interested in following the Awesome Oscillator level. Currently, the reading is 0.64857294. Typically, when the Awesome Oscillator moves above the zero line, this would indicate that the short term momentum is rising quicker than the long term momentum. A cross below the zero line would indicate that short term momentum is dropping faster than the long term momentum.

Traders following shares of DeltaShares S&P 500 Managed Risk ETF (:DMRL) may have noted that the stock most recently closed at 55.8271. Going back a full-year, the stock has seen a change of 1.01552347 over that stretch. Taking the focus in to more recent action, shares have seen a move of 0.17470688 over the last week. Over the prior month, the stock has moved 0.91551874. Over the past three months, the stock has moved 1.54985166.

Tracking some one month stock pivot points, we note that the Classic Pivot is 54.9915, the Classic resistance 1 is 56.7385, and the Classic support 1 is presently 54.118. The Fibonacci one month pivot is 54.9915 while the Fibonacci support 1 pivot is 53.990469, and the Fibonacci support 2 is 53.372031. Looking at one month Woodie pivot, we note the level at 55.327375. The Woodie support 1 pivot is 54.78975, and the Woodie resistance 1 pivot is 57.41025.

There are many factors that can affect the health of a company. This is one reason why stock trading can be extremely difficult at times. Because there are always so many things to take into consideration, it may be next to impossible to create a formula that will continually beat the market. Even after all the data has been scrutinized and the numbers have been crunched, the investor still has to make sense of the information and figure out what to do with it. Knowing how to use the information about publically traded companies can end up being the difference between handsome gains and devastating losses.