Inchcape Plc (INCH.L): Numbers in Focus
Tracking the market from many different angles can help the investor put together the big stock market picture. Many investors have the tendency to get caught up in all the headlines and news of the day. Sometimes that news will be relevant, but other times it will just be noise. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. Some investors may be bemoaning the stock choices they have made over the last year.