Let’s take aim at some longer term technical indicators on shares of Republic Services (RSG). The current 60-day commodity channel index reading is Buy. The CCI indicator is typically used to scope out overbought and oversold levels. The CCI signal direction is Weakest. Let us now turn the focus to some medium-term indicators on company shares. The reading from the 40-day commodity channel index is currently Buy. As previously noted, the CCI indicator is mainly used to identify oversold and overbought levels. The signal direction is currently reading a Weakest.
When it comes to setting up a winning stock portfolio, many investors will select a wide variety of securities in order to minimize risk. This may include choosing a mix of small cap, large cap, value, and growth stocks. Many investors will also include foreign stocks in the portfolio as well. Once the portfolio is set up, investors may realize that they need to rebalance from time to time. Investors may find it extremely helpful to stay up to date and know exactly what holdings they have. When hard earned investing dollars are at stake, individuals may be best served to monitor the portfolio closely at all times. Putting in the extra time and effort to acquire stock market knowledge may help the investor become better prepared for the long haul.
Investors are often closely following recent stock price support and resistance levels. The support is a level where a stock may see a bounce after it has dropped. If the stock price can break through the first support level, the attention may move to the second level of support. The resistance is the opposite of support. As a stock rises, it may see a retreat once it hits a certain level of resistance. After a recent look, the stock’s first resistance level is 88.92. On the other side, investors are watching the first support level of 87.84. Investors may also want to take a longer-term look at company shares. According to the most recent information, the stock has a 52-week high of 90.6 and a 52-week low of 67.48. Staying on top of longer-term price action may help provide investors with a wider scope of reference when examining a stock.
The company’s current book value is 24.74. The book value is the per share value of a company based on its equity available to common shareholders for the trailing 12 months. Shifting gears, the company has a current interest coverage value of 4.44. This value measures a company’s ability to honor its debt payments. When the value is below 1, the company may not be generating enough cash from its operations to meet its interest obligations. Tracking current trading session activity on shares of (company), we can see that the stock price recently hit 88.41. Since the start of the session, the stock has managed to touch a high of 88.85 and drop to a low of 87.77.
When conducting stock analysis, investors have a wide array of various classifications to choose from. Growth stocks generally have the potential to produce above average profit growth and revenues. These types of stocks tend to expand quicker than the economy as a whole. Investors also have the option of adding cyclical stocks to the portfolio. Cyclicals are generally companies whose earnings and sales are highly correlated with that of the overall economy. When the economy is doing well, cyclical stocks may be more in favor. Investors may decide to go in another direction when the economy is dragging. When an economic downturn is underway, investors may choose to select defensive stocks. These types of stocks generally stand up well during down periods based on their insulation from the business cycle. Investors also have the option of purchasing foreign stocks to help add some diversity to the portfolio.
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