Equity Focus: Pool Corp (POOL) Weighted Alpha at +7.10

Taking a closer look at shares of Pool Corp (POOL), we can see that the beta research opinion is presently Sell. This signal uses a system combining volatility, momentum, and wave theory to help spot the general trend. The beta research strength signal is currently Average. This signal is compared to the historical performance where maximum would be considered the strongest, and minimum would be seen as the weakest. In terms of direction, the signal is currently Weakest. This signal may indicate if the Buy or Sell is weakening or gaining strength, or if the Hold is leaning towards a Buy or Sell.

Investors may be trying to define which trends will prevail in the second half of the year. As the markets continue to chug along, investors may be trying to maximize gains and become better positioned for success. Technical analysts may be studying different historical price and volume data in order to help uncover where the momentum is headed. Coming up with a solid strategy may take some time, but it might be well worth it in the long run. As we move deeper into the year, investors will be closely tracking the next few earnings periods. They may be trying to project which companies will post positive surprises. 

Tracking current trading session activity on shares of Pool Corp (POOL), we can see that the stock price recently hit 146.84. Since the start of the session, the stock has reached a high of 154.98 and hit a low of 146.32. Focusing in on some other information, we can see that the stock has a current weighted alpha of +7.10. The weighted alpha measures how much the stock has increased or decreased over the period of one full year. The weighting puts greater emphasis on more recent activity offering a more relevant measure for short-term technical analysts to use. A positive weighted alpha reading indicates that shares have risen over the past year. A negative reading would indicate that the stock is down over that same time period. Technical traders often use the weighted alpha to help discover stocks that are developing momentum. Current and potential shareholders will be earnestly watching to see how the stock performs as we near the midway point of the calendar year.

Pool Corp (POOL) currently has 5 day MA of 149.78. Investors may use moving averages for multiple purposes. Some may use the moving average as a primary trading tool, while others may use it as a back-up. Investors may be looking for when the stock price crosses a certain moving average and then closes on the other side. These moving average crossovers may be used to help identify momentum shifts, or possible entry/exit points. A cross below a particular moving average may signal the start of a downward move. On the other end, a cross above a moving average may suggest a possible uptrend. Investors may be focused on many different time periods when studying moving averages. The stock currently has a 200 day MA of 152.34.

Taking a look at some indicators on shares of Pool Corp (POOL), we note that the reading from the 40-day commodity channel index is currently Hold. The CCI indicator is primarily used to identify oversold and overbought levels. The signal direction is currently Bearish. Checking on the 50-day parabolic time/price signal, we can see the signal is presently Sell. The signal direction is currently reading Strongest. Investors may opt to study a variety of different indicators in order to gain further insight on company share action. Traders may have increased interest when shares are nearing key support and resistance levels.

Stock market investors often rely on fundamental analysis for stock research. The EPS or earnings per share ratio shows the amount of company earnings that can be attributed to every share that is held. EPS lets investors directly compare one company to another when examining potential investments. Investors are typically searching for stocks that have a growing EPS. The EPS measure tends to be more telling when viewed over a longer period of time. When companies report quarterly earnings, the EPS measure is highly scrutinized by investors and analysts alike.

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