What are the Pivots Showing for AutoNation, Inc. (NYSE:AN)? 1 Month Fibonacci Pivot at 33.826668

Once the individual investor has figured out a plan to analyze stocks, they can begin to start building a portfolio. Because not everyone has the same goals, time horizons, and risk appetites, it is hard to provide one answer to the question of how to construct the perfect winning stock portfolio. Although every investor’s goal is typically to beat the market and secure consistent profits, this is no easy accomplishment. Professionals have spent many years studying the ins and outs of the stock market. There are certain strategies that may work better during different market cycles, but it is hard to say with any certainty that they will continue to work in the future. Markets and economic landscapes are constantly changing, and being able to keep up with the changes might involve tweaking strategies that have previously been successful but no longer are.

Shifting the technical focus to Keltner Channels, we see that the 20 day upper envelope is 34.48583 on shares of AutoNation, Inc. (NYSE:AN). The 20 day lower envelope is currently 33.389572. Traders may be watching for a breakthrough of the higher or lower Keltner bands.

Traders using technical analysis may be employing moving average indicators to assist with gauging a certain market move or to indicate its strength. Many traders will rely on the EMA or Exponential Moving Average to accomplish this. Checking on some recent levels we can see that the 10 day EMA is 33.8717, the 20 day is 33.9377, and the 30 day is 34.188286. Pulling back a bit, we note that the 100 day EMA is 35.63984, the 50 day is 34.741123, and the 200 day EMA is 37.188343.

A good way for investors to understand stock price movements is to look at how it has performed at various intervals in the past. Tracking shares of AutoNation, Inc. (NYSE:AN), we see that the most recent close price was 33.99
Year-to-date: -4.7619047
Prior week: 1.010101
Prior month: -8.675799
Last 6 months:-23.543962
Last 3 months: -0.8457276

Traders use pivot point analysis to help determine key levels where a stock price may react. Tracking these turn around levels may help the trader while attempting stock analysis. Looking at some current one month pivots, we note that the Fibonacci pivot is 33.826668 while the Fibonacci support 1 pivot is 33.104687, and the Fibonacci support 2 is 32.658646. Checking on the one month Woodie pivot, we note the level at 33.8375. The Woodie support 1 pivot is 32.795, and the Woodie resistance 1 pivot is 34.685.

Following recent trading activity, we note that AutoNation, Inc. (NYSE:AN) has seen a move of 0.029429076% since the open. The prior close was 33.99 and the one month high price is currently 37.23. 

After a recent check, we see that the Bull Bear Power reading is 0.19458595. Moving to some volatility readings, we see that the current value is 2.2740874. Looking out for the week, volatility is 2.9532855. For the previous month, volatility is at 2.6244729. Investors often track volatility across sectors to compare with the overall volatility in the market.

One of the most basic ideas that goes along with the stock market is buy low and sell high. Although this advice is overly obvious, many new investors will do the exact opposite when trading stocks. Inexperienced investors have the tendency to buy stocks that have been performing the best recently. This may be caused by certain factors such as not looking into the underlying fundamentals or just hoping that the stock will continue to rise. Rookie investors may also make the error of holding onto shares that continue to drop in value. Instead of cutting the loser loose, they hold off with the hope that eventually the stock will at least get back to the breakeven point. 

Investors might be looking around every corner when analyzing shares of AutoNation, Inc. (NYSE:AN). Many investors will closely track a stock when it nears a major historical high or low point. Let’s take a quick peek at some major historical highs and lows for the stock:

All time high: 67.5
All time low: 0.2129424
52 week high: 51.99
52 week low: 32.83
6 month high: 44.9
6 month low: 32.83
3 month high: 39.71
3 month low: 32.83
One month high: 37.23
One month low: 32.83

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