Pivot Signals For Impinj, Inc. (NASDAQ:PI): Fibonacci at 28.77

Making ones way through the equity markets can be highly challenging. Investors might be reviewing strategies to see what has worked and what hasn’t worked in the past. After studying the broader economic factors that impact equity markets, it may be time to focus in on specific stocks to add to the portfolio. Investors may examine different sectors first in order to figure out where the majority of the growth potential lies. Doing all the necessary research on sectors can help pinpoint where the next major trend will be forming. This study may not lead to exact findings, but it may provide a better framework with which to operate moving forward in the stock market. Finding those big winners can take a lot of time and effort. Digging through the numbers may be cumbersome at times, but the rewards for sticking with it and putting in the work may pay off greatly down the line. Staying on top of economic news and the fundamentals of stocks in the portfolio on a consistent basis can help the investor better traverse the often rocky terrain that is the stock market. 

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 Impinj, Inc. (NASDAQ:PI), we see that the most recent close price was 24.64
Year-to-date: 69.41580756
Prior week: -15.55327167
Prior month: 24.68386444
Last 6 months:21.48841794
Last 3 months: 37.02056698

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 27.58716352, the 20 day is 27.54588359, and the 30 day is 26.89075062. Pulling back a bit, we note that the 100 day EMA is 22.74784447, the 50 day is 25.36287885, and the 200 day EMA is 20.72979671.

After a recent check, we see that the Bull Bear Power reading is -3.33071562. Moving to some volatility readings, we see that the current value is 16.12772015. Looking out for the week, volatility is 6.99764904. For the previous month, volatility is at 6.01088666. Investors often track volatility across sectors to compare with the overall volatility in the market.

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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 for Impinj, Inc. (NASDAQ:PI), we note that the Fibonacci pivot is 28.77 while the Fibonacci support 1 pivot is 28.12442, and the Fibonacci support 2 is 27.72558. Checking on the one month Woodie pivot, we note the level at 28.2775. The Woodie support 1 pivot is 27.155, and the Woodie resistance 1 pivot is 28.845.

Following recent trading activity, we note that Impinj, Inc. (NASDAQ:PI) has seen a move of -10.56261343% since the open. The prior close was 24.64 and the one month high price is currently 31.1. 

Shifting the technical focus to Keltner Channels, we see that the 20 day upper envelope is 28.58852359. The 20 day lower envelope is currently 26.50324359. Traders may be watching for a breakthrough of the higher or lower Keltner bands.

Investors might be looking around every corner when analyzing shares of Impinj, Inc. (NASDAQ:PI). 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: 60.85
All time low: 9.95
52 week high: 31.1
52 week low: 13.25
6 month high: 31.1
6 month low: 13.25
3 month high: 31.1
3 month low: 16.07
One month high: 31.1
One month low: 19.41

The amount of financial information available to individual investors these days is staggering. Accumulating intelligence in the stock market is much easier to do than ever before. All the advances in technology have allowed regular investors to access information with relative ease. Making sense of all the various data can be overwhelming, but plowing through the data may create a solid foundation to start enhancing profits in the market. With so many investing options, traders and investors need to construct a plan that works specifically for them. Becoming educated about the stock market before tackling the beast might assist the individual investor in many ways. Studying how markets and prices move may help the investor decide which way is the best way to go. Understanding the difficulties and possible pitfalls that investors generally fall prey to, can go a long way in helping even before the first trade is ever made. As most investors know, the markets and economic landscapes are constantly changing. This requires the investor to be in tip top mental shape in order to confront tough buy or sell decisions when the time comes.

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