Technicals

Scanning the stock wires: Hull MA Touches 5.84698148 for Costamare Inc. ($NYSE:CMRE)

Many investors may strive to be in the stock market when the bulls are running and out of the market when the bears are in charge. Investors often use multiple strategies when setting up their portfolios. Some may rely solely on fundamental analysis, technical analysis, or a combination of both. Investing can be an extremely tough process. Individual investors often strive to gather and analyze vast amounts of information in order to make educated decisions. Often times, investors may have initial success in the stock market, and then things may turn sour. Confidence may be necessary to make the tougher decisions, but overconfidence may lead to an underperforming portfolio. Overconfidence may cause the investor to make poor decisions because they are relying too heavily on personal interpretations.

Tracking some one month stock pivot points on shares of Costamare Inc. (NYSE:CMRE), we note that the Classic Pivot is 5.63833333, the Classic resistance 1 is 5.89666667, and the Classic support 1 is presently 5.42166667. The Fibonacci one month pivot is 5.63833333 while the Fibonacci support 1 pivot is 5.45688333, and the Fibonacci support 2 is 5.34478333. Looking at one month Woodie pivot, we note the level at 5.65875. The Woodie support 1 pivot is 5.4625, and the Woodie resistance 1 pivot is 5.9375.

Traders focusing on technical analysis may be interested in following the Awesome Oscillator level. Currently, the reading is 0.26467941. 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 Costamare Inc. (NYSE:CMRE) may have noted that the stock most recently closed at 5.79. Going back a full-year, the stock has seen a change of -17.75568182 over that stretch. Taking the focus in to more recent action, shares have seen a move of 1.93661972 over the last week. Over the prior month, the stock has moved -0.85616438. Over the past three months, the stock has moved 13.52941176.

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 5.731, the 20 day is 5.67225, and the 30 day is 5.543. Tracking some other time periods, we note that the 50 day SMA is 5.6028 , the 100 day is 5.51759 , and the 200 day SMA is currently 5.530068.

Tracking the Hull Moving Average, we note that the current level is 5.84698148. 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 Costamare Inc. (NYSE:CMRE), we see that the Keltner Channels 20 day upper band is 5.77436432, and the 20 day lower band is5.57581912. The Keltner Channels indicator is similar to Bollinger Bands and Moving Average Envelopes.

Many investors may strive to be in the stock market when the bulls are running and out of the market when the bears are in charge. Investors often use multiple strategies when setting up their portfolios. Some may rely solely on fundamental analysis, technical analysis, or a combination of both. Investing can be an extremely tough process. Individual investors often strive to gather and analyze vast amounts of information in order to make educated decisions. Often times, investors may have initial success in the stock market, and then things may turn sour. Confidence may be necessary to make the tougher decisions, but overconfidence may lead to an underperforming portfolio. Overconfidence may cause the investor to make poor decisions because they are relying too heavily on personal interpretations.

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 for Costamare Inc. (NYSE:CMRE):

Ichimoku Cloud Base Line: 5.5025
Ichimoku Cloud Conversion Line: 5.725
Ichimoku Lead 1: 5.595
Ichimoku Lead 2: 5.78

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