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Hull MA Watch for WisdomTree U.S. SmallCap Earnings Fund (:EES): Current Reading at 33.85456

As we close in on the end of the calendar year, investors may be trying to visualize potential trades for the New Year. There are many professionals that believe that there is still plenty of room for stocks to run even at current levels. Preparing the game plan for the next few quarters may give the investor some new ideas. Staying focused and maintaining discipline may help guide the investor to unchartered territory in the coming months. Tracking market events from multiple angles may also help provide some enhanced perspective.  

Expanding the technical focus for WisdomTree U.S. SmallCap Earnings Fund (:EES), we see that the Keltner Channels 20 day upper band is 33.76881658, and the 20 day lower band is33.05178268. The Keltner Channels indicator is similar to Bollinger Bands and Moving Average Envelopes.

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 on shares of WisdomTree U.S. SmallCap Earnings Fund (:EES):

Ichimoku Cloud Base Line: 33.265
Ichimoku Cloud Conversion Line: 33.155
Ichimoku Lead 1: 34.49745
Ichimoku Lead 2: 34.92

Traders following shares of WisdomTree U.S. SmallCap Earnings Fund (:EES) may have noted that the stock most recently closed at 33.62. Going back a full-year, the stock has seen a change of -17.03648915 over that stretch. Taking the focus in to more recent action, shares have seen a move of 2.81087687 over the last week. Over the prior month, the stock has moved -4.02167712. Over the past three months, the stock has moved -0.3848431.

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 33.19021, the 20 day is 33.412505, and the 30 day is 33.40827333. Tracking some other time periods, we note that the 50 day SMA is 33.963562 , the 100 day is 34.666999 , and the 200 day SMA is currently 35.412816.

Tracking some one month stock pivot points for WisdomTree U.S. SmallCap Earnings Fund (:EES), we note that the Classic Pivot is 33.1303, the Classic resistance 1 is 33.6206, and the Classic support 1 is presently 32.1706. The Fibonacci one month pivot is 33.1303 while the Fibonacci support 1 pivot is 32.5764, and the Fibonacci support 2 is 32.2342. Looking at one month Woodie pivot, we note the level at 33.1775. The Woodie support 1 pivot is 32.265, and the Woodie resistance 1 pivot is 33.715.

Traders focusing on technical analysis may be interested in following the Awesome Oscillator level. Currently, the reading is -0.02350412. 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.

Some investors may be lamenting the fact that they have not taken full advantage of the long bull run. There are plenty of pundits that are calling for a sharp stock market decline, but there are also many who believe that the ceiling has been raised and there is much more room for stocks to go higher. Getting into the market at these levels may be holding some investors back from jumping into the fray, and nobody can be sure which way the momentum will swing as we near the end of the year. The next round of company earnings reports should provide some good information about future prospects. Investors will be closely watching to see which sectors are running at full speed and which ones are lagging. 

Tracking the Hull Moving Average, we note that the current level is 33.85456. 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.

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