Volatility Watch for Extraction Oil & Gas, Inc. (:XOG): Week Levels at 6.4389353

With most types of investments, there is typically some level of risk. This is no different when dealing with the stock market. Investors have to decide how much risk is acceptable and plan accordingly. Many new stock market investors face the challenge of deciding where to begin. Following strategies that have proven to work in the past may be one way to go. Many investors will look to mimic the strategies of the most celebrated investors. Although this may be a good way to start, it may be necessary to fully understand every aspect that those successful investors examine. Blindly following trading plans without doing the proper research can lead to future trouble down the line if there is indeed a market shake-up.

Technical stock analysts are always using every possible piece of information to help make the best possible trades. A popular flexible indicator is the Ichimoku Cloud. This indicator can help portray the momentum and trend direction of a stock. Ichimoku signals can help the trader find possible entry and exit points. Checking on some recent indicator levels for Extraction Oil & Gas, Inc. (:XOG), we note that the Ichimoku Could Conversion Line level is 5.88, and the Ichimoku Cloud Base Line level is 6.545. Tracking some variations, the Ichimoku Lead 1 is presently 8.84875, and the Lead 2 level is 9.24.

Switching the focus to the Awesome Oscillator, we see that the present reading is -1.2791677. Traders may be watching this oscillator to help identify a change in momentum. The AO can be a useful tool when trying to understand certain price movements.

Investors may be interested in the current Bull Bear Power reading on the stock which is currently at -1.0526922. Investors may also be looking at some historical volatility numbers. Volatility for the month is presently 7.531885. Looking back for the previous week, volatility is 6.4389353.

Traders often use pivot point indicators when conducting technical stock analysis. Pivot points are commonly used to help identify trends of various time periods. Let’s check on some different one month pivot points on shares of Extraction Oil & Gas, Inc. (:XOG):

Camarilla: 6.6566668
Classic: 6.6566668
Classic resistance 1: 6.883333
Classic support 1: 6.2733335
Fibonacci: 6.6566668
Fibonacci support 1: 6.4236465
Fibonacci support 2: 6.2796865
Woodie: 6.6575
Woodie support 1: 6.275
Woodie resistance 1: 6.885

Investors tracking shares of Extraction Oil & Gas, Inc. (:XOG) will note that the stock has seen a change of 3.3484163% since the open. Shares recently finished the previous session at 5.71. The one month high for the stock is currently standing at 10.31. The firm currently has a market capitalization of 1053606100.

Traders may be looking at some EMA levels on company shares. The exponential moving average can be very useful when applied correctly. They tend to work well when markets are trending. Here’s a look at some popular EMA levels:

50 day EMA: 7.334431
100 day EMA: 8.544956
200 day EMA: 10.131361
10 day EMA: 5.9970384
20 day EMA: 6.3777003
30 day EMA: 6.7243376

As we move deeper into earnings season, investors may be trying to figure out how to best position the portfolio for the rest of the calendar year. Maybe things haven’t gone as well as planned in the first half of the year, and a few tweaks need to be made to bolster profits in the second half. Closely watching the earnings reports may be a good way to see what companies are getting things right, and what companies have some work to do. Many investors will take notice if a company posts a much larger earnings beat or miss than expected. Not only will the stock most likely become a bit more volatile, but overall interest may be heightened as investors try to piece together the puzzle and figure out why there was such a discrepancy between estimates and actuals. Once the dust settles and the picture becomes a little clearer, investors may be able to properly rotate in or out of a certain name or sector. Finding stocks that look good on paper but have fallen out of favor with certain investors may be a good place to start doing some further number crunching. Locating those overlooked sectors with growth potential might be a good way to uncover those stocks that are ready to make a run. 

Traders may be keeping a close eye on shares of Extraction Oil & Gas, Inc. (:XOG). Looking at past price performance may help them gauge how the stock will react in the future. Keeping in mind the most recent close price of 5.71, we note that the stock has seen a move of -11.764706 over the previous week. Looking back out over the last month, the stock has moved -28.660826. Over the past three months, the stock has seen a change of -50.64935. Investors may want to go back even further to see what has transpired over a longer period of time. Since the start of the calendar year, shares have changed -60.167713. Going back a full 52 weeks, the stock has seen a change of -62.671906 over that period of time.