HDFC EOF- II – 1126D May 2017(1) plan under HDFC Equity Opportunities Fund – Series2 – Regular (HEOF1126RG.BO) Pulls Higher 7.53% For the Week

HDFC EOF- II – 1126D May 2017(1) plan under HDFC Equity Opportunities Fund – Series2 – Regular (HEOF1126RG.BO) has ended the week in the black, yielding positive results for the shares at they ticked 7.53%. In taking a look at recent performance, we can see that shares have moved 7.41% over the past 4-weeks, 10.50% over the past half year and 10.13% over the past full year.

Doing standard fundamental stock analysis is fairly straightforward. These days, investors have easy access to large amounts of available data. The biggest problem for the average investor may be dedicating the time to actually doing the research. One goal of studying the fundamentals is to establish the true value of a stock compared to how it is currently trading in the marketplace. Many investors believe that identifying quality stocks should be a cornerstone of portfolio construction. Obtaining as much knowledge as possible about a stock can help make the buying decisions a little easier. Some investors may trust other people or products to do the required research, but others may wish to roll up the sleeves and do all the analysis themselves.

Traders are keeping a keen eye on shares of HDFC EOF- II – 1126D May 2017(1) plan under HDFC Equity Opportunities Fund – Series2 – Regular (HEOF1126RG.BO). The Average Directional Index or ADX may prove to be an important tool for trading and investing. The ADX is a technical indicator developed by J. Welles Wilder used to determine the strength of a trend. The ADX is often used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of the trend. Presently, the 14-day ADX is resting at 19.35. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, HDFC EOF- II – 1126D May 2017(1) plan under HDFC Equity Opportunities Fund – Series2 – Regular (HEOF1126RG.BO)’s Williams Percent Range or 14 day Williams %R is resting at -49.49. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

When performing stock analysis, investors and traders may opt to view technical levels. HDFC EOF- II – 1126D May 2017(1) plan under HDFC Equity Opportunities Fund – Series2 – Regular (HEOF1126RG.BO) presently has a 14-day Commodity Channel Index (CCI) of 260.57. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory.

Checking in on moving averages, the 200-day is at 9.23, the 50-day is 9.24, and the 7-day is sitting at 9.54. Moving averages may be used by investors and traders to shed some light on trading patterns for a specific stock. Moving averages can be used to help smooth information in order to provide a clearer picture of what is going on with the stock. Technical stock analysts may use a combination of different time periods in order to figure out the history of the equity and where it may be headed in the future. MA’s can be calculated for any time period, but two very popular time frames are the 50-day and 200-day moving averages.

Investors might be preparing to do a portfolio evaluation as we move towards the close of the year. There may be plenty of big winners from the first half of the year, but there may also be some underperformers that need to be reviewed. Making sure that the portfolio stays in balance can help prepare the investor for success over the next few quarters. With the stock market still riding high, investors may be wondering how to play the market into the near future. If market momentum starts to shift, investors may need to be ready to make some tougher decisions. Being prepared for any market situation can help the investor cope with rough waters when the time comes. 

Shifting gears to the Relative Strength Index, the 14-day RSI is currently sitting at 64.96, the 7-day is 70.63, and the 3-day is currently at 75.60 for HDFC EOF- II – 1126D May 2017(1) plan under HDFC Equity Opportunities Fund – Series2 – Regular (HEOF1126RG.BO). The Relative Strength Index (RSI) is a highly popular momentum indicator used for technical analysis. The RSI can help display whether the bulls or the bears are currently strongest in the market. The RSI may be used to help spot points of reversals more accurately. The RSI was developed by J. Welles Wilder. As a general rule, an RSI reading over 70 would signal overbought conditions. A reading under 30 would indicate oversold conditions. As always, the values may need to be adjusted based on the specific stock and market. RSI can also be a valuable tool for trying to spot larger market turns.

Investing in the stock market can sometimes draw intense emotion from individual investors. When the market slips into a chaotic state, some investors may let their emotions get the best of them which can lead to impulsive decisions. On the other side of the coin, market chaos may cause certain investors to freeze in a panic. This may mean that the investor becomes shaken to the point that they are unable to make any decisions let alone an educated one. Discipline is a quality shared by many successful traders and investors. Staying committed to the plan, whether short-term or long-term, can help investors make it through those times of extreme market uncertainty.