Quest Diagnostics Incorporated (NYSE:DGX) Technical Watch: 10 Day Exponential Moving Average is Now 106.1827166

There is no shortage of financial news and opinions as we live in the age of the 24 hour news cycle. Headlines and expert opinions seem to be around every corner when dealing with the stock market. Trying to keep up with all the swirling news can make ones head spin. Even though there may be some significant news mixed in, a lot of the headlines may not be worth paying much attention to. Figuring out what information is useful may take some time for the investor to figure out. Once the filter is in place, investors may find it much easier to focus on the important data. Making investment decisions solely based on news headlines may end up causing the portfolio to suffer down the line. 

Conducting technical analysis of the stock may include following the Keltner Channel indicator. A recent check shows the 20 day lower band at 104.8437337 and the 20 day upper band at 106.6948721 for Quest Diagnostics Incorporated (NYSE:DGX). During a clearly defined trend, a break above or below these levels may point to the underlying strength of the trend. A break above the upper band may signal continuing bullish trend strength, and a break below the lower band may signal continuing bearish trend strength.

The SMA or Simple Moving Average can be calculated for different time periods. The SMA helps smooth out volatility and makes it a bit less difficult to gauge the price trend of a stock. Let’s view some popular SMA levels below for Quest Diagnostics Incorporated (NYSE:DGX):

Simple Moving Average 20 day: 105.92169
Simple Moving Average 100 day: 102.422835
Simple Moving Average 10 day106.44038
Simple Moving Average 50 day: 103.94207
Simple Moving Average 30 day: 105.2771267
Simple Moving Average 200 day: 100.9578745

Investors tracking shares of Quest Diagnostics Incorporated (NYSE:DGX) will note that since the stock opened at 105.81, shares have seen a change of -0.15. During that period, the stock has touched a low of 105.62 and tipped a high of 105.95. Volume on the day is presently 199252. 

The 20 day Chaikin Money Flow indicator is currently -0.02616748. This indicator was developed by Marc Chaikin who observed that the pressures of buying and selling could be figured out by where a period finishes relative to the range of highs and lows.

Traders may use a variety of moving average indicators when examining a particular stock. Checking on some Exponential Moving Averages, we note that the 200 day is 100.6094519, the 100 day is 102.9026778, and the 50 day is 104.3661065. Zooming in closer, we note that the 30 day EMA is 105.2415272, the 20 day is 105.7693029, and the 10 day is noted at 106.1827166.

Traders might be keeping tabs on the Hull Moving Average. The current HMA reading is 105.8318519. Traders may use the HMA to help identify the prevalent market trend. This may also lend to spotting useful exit and entry points on the stock.

Investors will typically be keeping track of historical highs and lows for a particular stock that they are researching. Watching levels for Quest Diagnostics Incorporated (NYSE:DGX, we can see that the all time high is currently 116.49, and the all time low is 3.3125. Let’s look at some alternate high/low price data:

Six month low: 84.32
Six month high: 107.97
One year low: 78.95
One year high: 108.76
Three month low: 96.94
Three month high: 107.97
One month low: 100.11
One month high: 107.97

There is no shortage of financial news and opinions as we live in the age of the 24 hour news cycle. Headlines and expert opinions seem to be around every corner when dealing with the stock market. Trying to keep up with all the swirling news can make ones head spin. Even though there may be some significant news mixed in, a lot of the headlines may not be worth paying much attention to. Figuring out what information is useful may take some time for the investor to figure out. Once the filter is in place, investors may find it much easier to focus on the important data. Making investment decisions solely based on news headlines may end up causing the portfolio to suffer down the line. 

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