Zeroing in on Edgewater Bancorp (EGDW)’s Moving Averages

Moving Averages are oft-deployed technical indicators that smooth out pricing after filtering out random price fluctuations.  It’s a trend-following, or lagging, indicator that is based on past pricing.  There are two basic Moving Averages.  One is the simple moving average (SMA), which is the simple average of a security over a defined time period, and the exponential moving average (EMA), which gives more signifigance to recent prices.  MAs are usually used to determine both support and resistance levels and to also identify trend direction.  MAs are useful on their own, though they also lay the foundation for other indicators such as the Moving Average Convergence Divergence (MACD). 

Edgewater Bancorp (EGDW)’s 5-Day Moving Average is 22.48, its 3-Month Moving Average is 20.0609 and its 12-Month Moving Average is 19.1453. 

A 52-week high/low is the highest and lowest share price that a stock has traded at during the previous year.  Investors and traders consider the 52-week high or low as a crucial factor in determining a given stock’s current value while also predicting future price movements.  When a commodity trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), investors usually show more interest as the price nears either the high or the low.

One of the more popular strategies used by traders is to buy when the price eclipses its 52-week high or to sell when the price drops below its 52-week low.  The rationale involved with this strategy says that if the price breaks out either above or below the 52-week range, there is momentum enough to continue the price fluctuation in a positive direction.  Edgewater Bancorp (EGDW)’s high over the last year was $23 while its low was $17.45.

Edgewater Bancorp (EGDW) opened at $22.3, reaching a high of $22.3 and touching a low of $22.3 during trading.  Change is the difference between the current price and the previous day’s settlement price.  Change is the basis for describing and measuring data over a specific period of time.  A negative change indicates declining performance while a positive change indicates an improved performance.  Interpretation change can be left to the analyst.  The formula for finding change is by subtracting the previous time period from the most recent time period.   If a company trades at $40 at the end of the first quarter and $80 at the end of the second quarter, the change $80 minus $40, or $40.  Here we find the change to be positive, but by how much?  The price went up from $40 to $80, so it doubled.  In this example, the company’s stock price grew 100% in the first quarter.  Investors like change.  Change allows investors to make a profit.  In volatile markets, there are many opportunities for investors to make up for losses.  Prices are based on the change in price of assets.  Value is based on changing prices.  “Calls” make a bet that the price of the asset will increase, while “puts” bet that the price of the asset will go decrease.  More volatility means that there is more likely a chance for investors to make a profit.  Edgewater Bancorp (EGDW)’s share price changed $0.2, a percentage of +0.90%%.

Barchart Opinions show investors what a variety of popular trading systems are suggesting.  These Opinions take up to 2 years’ worth of historical data and runs the prices through thirteen technical indicators. 

After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study.  Today’s opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Edgewater Bancorp (EGDW) is 96% Buy.  Today’s short-term signal of 80% Buy is based on the average of where the price lies in reference to the common interpretation of the short-term studies. 

Edgewater Bancorp (EGDW)’s long-term signal, based on the average of where the price lies in reference to the common interpretation of the long-term studies, is 100% Buy.

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