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Using The Detail Stock Table


Most of the column headings in the detailed stock table are self-evident; however, here are some valuable insights into making the most of the information provided.

Financial Summary Column
Besides the basic financial fundamentals, there are two links you should always check on

  • The "Industry" link. The sector movement as a whole, has a very strong influence on any stock within that sector. So, for example, if Intel (intc) shows strong Directional Movement trending numbers, then confirm that the "Techology/Semiconductor" sector is also performing positively and within that sector, that the leaders of that sector are leading.
  • The "Key Statistics" link. Within the "Key Statistics" section check on the "Share Statistics" section so that you are aware of the float size of the stock in question. Small floats can be the potential for rapid price movements up or down.

Charts
The chart that displays as a result of clicking on the link has been carefully chosen to help support your stock trending analysis. In particular:

  • The +DI14, -DI14 and ADX numbers can be visualized graphically so you can visualize where the crossover occurs in conjunction with the stock's price movements.
  • An 8-day exponential moving average (based on price) is provided. If you are considering a long position (i.e. uptrend), then the stock should be consistently trading above this line for the past several trading days. Conversely, if you are considering a short position (i.e. downtrend), then the stock should be consistently trading below this line for the past several days.
  • The Bollinger band can be used as a momentum signal. If the band contracts with light volatility, then if prices break the upper band, it is a signal to go long whereas if prices break below the lower band, then the signal is to go short. Look for this to confirm the Directional Movement trend signal.
  • Always consider volume as another important source of confirmation for any significant price movement.