Market Review: Watching the Weakest Opinion Indicators for Anworth Mortgage Asset Corp (ANH)

Checking up on some indicators, we can see that Anworth Mortgage Asset Corp (ANH)’s last month opinion signal is 64% Sell. This is the combined signal for the previous month when applying a wide array of studies based on price movement. Using these same guidelines, the signal for last week stands at 16% Sell, and 48% Sell for the previous trading session. Investors may also be interested in the strength and direction of the opinion signals.

The opinion direction is currently Weakest. This is a measurement over the past three trading sessions that provides an indication of whether the latest recent price movement is following the signal. A Buy or Sell signal with a “Strongest” direction indicates that the signal is gaining strength. The opinion strength signal is presently reading Weak. This is a longer-term gauge verse the historical strength.

There are various ways that the individual investor can approach stock picking. Starting from the top-down, investors may study overall market trends. This may include examining different sectors looking for the ones that are poised to prosper in the future. Once potential industries or sectors are identified, the investor can then start to sift through individual stocks within those groups. Investors starting from the bottom up may do just the opposite. They may choose to study individual companies that have been displaying strong performance, regardless of which sector they belong to. 

Tracking current trading session activity on shares of Anworth Mortgage Asset Corp (ANH), we can see that the stock price recently hit 4.12. Since the start of the session, the stock has topped out with a high of 4.12 and bottomed with a low of 4.09. Going further, we note that the company’s current book value is 5.76. 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 the gaze to some longer-term technical indicators, we can see that Anworth Mortgage Asset Corp currently has a 60-day commodity channel index signal of Hold. The CCI indicator is typically used to scope out overbought and oversold levels. The 100-day moving average verse price signal is Sell.

Amateur investors can sometimes become overwhelmed by the speed and volatility of the stock market. Often times, avoiding big mistakes early on can be the difference between staying in the game or being prematurely forced to the sidelines. One of the biggest mistakes that a new investor can make is not creating a realistic plan. A well-crafted plan will generally include risk tolerance, time horizon, and amount and frequency of investments. Having a clear plan for attaining goals can help the investor stay focused when the terrain gets rocky. Another common mistake for investors is buying high and selling low. Of course, everybody preaches the buy low sell high mantra, but it is much easier said than done. Getting caught up in the day to day market swings can lead the investor to do just the opposite and become a hot stock chaser instead of a disciplined decision maker.

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