Stock Watch: Hull Moving Average at 35.19203 for iShares US Preferred Stock ETF (:PFF)

Stock market investors may be taking some time to review portfolio allocation. Rebalancing the portfolio may be necessary for some but not for others. Rebalancing the portfolio may help provide a strategy for when the market becomes highly volatile. This process may also help keep the investor buying low and selling high. Investors may also be looking at some different stocks to explore in the next few months. This may include reviewing some foreign markets or some new sectors that were previously not included in the stock portfolio. Completing all the necessary research is typically a good way to start building a more comprehensive pool of diversified stocks.  

Expanding the technical focus for iShares US Preferred Stock ETF (:PFF), we see that the Keltner Channels 20 day upper band is 35.53794, and the 20 day lower band is35.305965. The Keltner Channels indicator is similar to Bollinger Bands and Moving Average Envelopes.

Many traders will look to optimize stock trades by using various technical indicators. The Ichimoku Cloud indicator is highly flexible and is commonly used in conjunction with the RSI to help confirm momentum and overall trends. Let’s focus on a few different Ichimoku readings on shares of iShares US Preferred Stock ETF (:PFF):

Ichimoku Cloud Base Line: 35.5825
Ichimoku Cloud Conversion Line: 35.295
Ichimoku Lead 1: 36.045
Ichimoku Lead 2: 36.05

Traders following shares of iShares US Preferred Stock ETF (:PFF) may have noted that the stock most recently closed at 35.18. Going back a full-year, the stock has seen a change of -8.528341 over that stretch. Taking the focus in to more recent action, shares have seen a move of -0.5371784 over the last week. Over the prior month, the stock has moved -2.6563365. Over the past three months, the stock has moved -7.2746444.

There are multiple moving average indicators that traders may rely on when conducting stock research. One of the most popular is the Simple Moving Average. The SMA is unweighted, meaning that each period in the set of data is weighted equally. Looking at some SMA levels, we can see that the 10 day is 35.30434, the 20 day is 35.40433, and the 30 day is 35.582012. Tracking some other time periods, we note that the 50 day SMA is 35.77063 , the 100 day is 36.078396 , and the 200 day SMA is currently 36.799084.

Tracking some one month stock pivot points for iShares US Preferred Stock ETF (:PFF), we note that the Classic Pivot is 35.483334, the Classic resistance 1 is 35.68667, and the Classic support 1 is presently 35.216667. The Fibonacci one month pivot is 35.483334 while the Fibonacci support 1 pivot is 35.303795, and the Fibonacci support 2 is 35.192875. Looking at one month Woodie pivot, we note the level at 35.4925. The Woodie support 1 pivot is 35.235, and the Woodie resistance 1 pivot is 35.705.

Traders focusing on technical analysis may be interested in following the Awesome Oscillator level. Currently, the reading is -0.36508265. Typically, when the Awesome Oscillator moves above the zero line, this would indicate that the short term momentum is rising quicker than the long term momentum. A cross below the zero line would indicate that short term momentum is dropping faster than the long term momentum.

Investors often have to calculate risk/reward scenarios when navigating the equity market. Keeping track of alternatives and gauging the likelihood of certain outcomes can help with designing a legitimate strategy. When all the research and planning has been completed, there may come a time when the investor has to make a decision and get ready to take some action. There will obviously be some trades that work out great and others that don’t. Accepting the fact that this is part of the process can help keep the investor focused on the next trade instead of lamenting the past. 

Tracking the Hull Moving Average, we note that the current level is 35.19203. The Hull Moving Average was introduced by Alan Hull. Swing traders often use this indicator in combination with other signals in order to help identify possible entry and exit spots.