Although the investing process is fairly straightforward, securing consistent returns in the stock market is not easy. Throwing hard earned money at un-researched investments can eventually lead the investor down the road to ruin. Every individual investor may have different goals when starting out. Aligning these goals with a specific plan can create a solid foundation for the future. Nobody can predict what the future will hold, but being aware of market conditions can be a great asset when attempting to navigate the terrain while mitigating risk. Once the vision of the individual investor is clear, the road to sustaining profits may be much easier to travel.

Putting a closer focus on shares of Azure Power Global Limited (:AZRE), we see that since the opening price of 11.42, the stock has moved -0.32. Tracking shares, we note that the consensus stock rating is Buy. Volume today clocks in around 500. Over the course of the current session, the stock has topped out at 11.42 and seen a low price of 11.1. Investors will be putting 5/16/2019 on the schedule as the company is slated to next report earnings around that date.

Taking a look at some historical highs and lows for Azure Power Global Limited (:AZRE), we see that the all time high is currently 22, and the all time low is 8.25. Investors often pay added attention to a stock when it is nearing a historical high point or low point. For the last year, the high price is 16.5, and the low price stands at 8.25. For the last six months, the high was seen at 16.18, and the low was tracked at 8.25. If we move in closer, the three month high/low is 11.62/8.25, and the one month high/low is 11.62/10.3113.

Traders following the stock may be watching SMA or Simple Moving Average Levels. Many traders will be watching out for when the shorter-term averages cross above the longer-term averages as this may point to the start of an uptrend. Let’s look at the following SMA readings for Azure Power Global Limited (:AZRE):

SMA 50 day: 10.4703
SMA 30 day: 10.947166
SMA 200 day: 13.006575
SMA 20 day: 10.98425
SMA 100 day: 10.78695
SMA 10 day10.956

Traders following the Chaikin Money Flow indicator will note that the current 20 day reading is -0.48530945. The CMF value will fluctuate between 1 and -1. In general, a value closer to 1 would indicate higher buying pressure. A value closer to -1 would represent higher selling pressure.

Technical analysis on the stock may include following the Keltner Channels indicator. Currently, the 20 day upper band is 11.172319. The 20 day lower band is noted at 10.762837. The KC indicator is considered a lagging indicator. Traders may use the values to help spot overbought and oversold conditions.

Traders have the ability to use a wide range of indicators when studying stocks. Each trader will typically find a few indicators that they heavily rely on. The Ichimoku Cloud indicator works to identify trend direction, gauge momentum, and identify trading opportunities based on crossovers. We can view some Ichimoku indicator levels below:

Ichimoku Lead 1: 10.2975
Ichimoku Lead 2: 10.005
Ichimoku Cloud Base Line: 10.985
Ichimoku Cloud Conversion Line: 10.985

Traders following the Hull Moving Average will note that the current level is 11.517148. The calculation uses the weighted moving average and it puts the emphasis on recent prices over older prices.

Technical traders focusing on Donchian Channels will note that the 20 period lower band reading is currently 10.45. The 20 period upper band reading is 11.52. Donchian Channels can be used to gauge the volatility of a market. This is a banded indicator akin to Bollinger Bands.

As company earnings reports continue to roll in, investors will be watching to see which companies hit their numbers for the last reporting period. Investors will also be watching which sectors are reporting the best earnings numbers. A positive overall earnings season could mean that the stock market could keep climbing. Many investors may be cautious with the market trading at current levels. Even though the gloom and doom prognosticators are out in full force, investors have to do the research and decide for themselves which way they believe the market will move in the next couple of months.  

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.