Investor Corner: Following the Numbers for Armstrong Flooring Inc (AFI)

Tracking some short-term indicators on shares of Armstrong Flooring Inc (AFI) we note that the current 7-day average directional indicator is Buy. This signal can be used to determine the market trend. The 7-day directional strength is Minimum. This trend strength indicator gauges the signal based on historical performance where minimum would represent the weakest, and maximum would indicate the strongest. The 7-day average directional direction is presently Weakest . This signal shows whether the Buy or Sell signal is getting stronger or weakening, or whether the Hold is heading towards a Buy or Sell. Taking a quick look at another popular indicator, we can see that the 10-day moving average Hilo channel is currently Hold. This indicator calculates the moving average based on highs/lows rather than the closing price.

Investors may be looking into the crystal ball trying to calculate where the equity market will be shifting as we move into the second half of the year. Investors may be hard pressed to find bargains with the markets still riding high. Sometimes, keeping it simple may be exactly what the doctor ordered when approaching the markets. Focusing on relevant data instead of information that breezes through may make a huge difference for the individual investor. Focusing on companies that have strong competitive advantages may help fight off unwelcome surprises that often come with uncertain economic landscapes. Focusing on the long-term might be right for some investors. Developing a good safety margin may also help keep the important investing factors in focus. Covering all the bases may help increase the odds of success when trading equities.

Successful traders are typically extremely adept at combining technical and fundamental analysis in order to find these stocks. Some investors may be better at sifting through the market noise than others. Active investors may be interested in tracking historical stock price information on shares of Armstrong Flooring Inc (AFI). Over the past full year, the high point for the stock was seen at 18.61. During that same period, the low price touched 12.03. Investors will be watching to see if the stock can gain some momentum heading into the second half.

The stock currently has a standard deviation of -1.12. Standard deviation is defined as a measure of the dispersion from the mean in regards to a data set. When dealing with financial instruments, the standard deviation is applied to the annual rate of return to help measure the volatility of a particular investment. Watching the standard deviation may assist investors with trying to figure out if a stock is primed for a major move. Armstrong Flooring Inc’s current pivot is 13.88. The pivot point is commonly used as a trend indicator. The pivot is the average of the close, low, and high of the prior trading period.

Tracking current trading session activity on shares of Armstrong Flooring Inc (AFI), we can see that the stock price recently hit 13.66. At the open, shares were trading at 13.94. Since the start of the session, the stock has topped out with a high of 13.97 and bottomed with a low of 13.63. After noting current price levels, we can see that the change from the open is presently -0.29. Of course, there is no simple answer to solving the question of how to best tackle the stock market, especially when dealing with an uncertain investing climate. There are many different schools of thought when it comes to trading equities. Investors may have to first gauge their appetite for risk in order to form a solid platform on which to build a legitimate strategy.

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