Affiliated Managers Group Inc (MGR), Scientific Games (SGMS): Are Technicals Indicating a Short-Term Buy For These Stocks?

In predicting the performance of a company’s stock, analysts keenly follow and study financial indicators. 7 Day Directional Indicator refers to a short-term indicator used to determine the market trend. For the last 7 days Affiliated Managers Group Inc (MGR) reported a 7 Day Directional Indicator of Sell.

In the previous trading session, the stock opened at $25.67 , it reached a high of $25.71 and a low of $25.66. A day’s high refers to the highest price at which the stock traded during a particular trading session. A day’s low on the other hand is the lowest price at which the stock traded in a particular trading session. 

Day Average Directional Strength refers to the strength of the signal compared to its historical performance where Maximum is the strongest this signal has been. 7 Day Average Directional Direction on the other hand indicates whether the Buy or Sell signal is strengthening or weakening or whether a Hold signal is heading towards a buy or sell signal. The company’s Average Directional Strength for the last 7 days was Minimum while the Average Directional Direction was Strengthening

MACD Oscillator is a medium term indicator used to indicate bullish or bearish. MACD Osc Direction on the other hand indicates whether the Buy or Sell signal is strengthening or weakening or whether a Hold signal is heading towards a buy or sell signal. The latest reported 20-100 Day MACD Oscillator for the stock was Buy.

The stock recorded a Weighted Alpha of -2.30 over the last 14 days. Weighted Alpha is the measure of the growth of the stock in a one year trading period with emphasis on the stock’s most recent price activity. A price that is surging leads to positive Weighted Alpha while a price that is falling leads to a negative Weighted Alpha. By nature, investors always go for stocks whose prices are rising.

The company had a TrendSpotter Opinion of Hold for the last 7 days. TrendSpotter Opinion refers to the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility.

For the last 7 days Scientific Games (SGMS) reported a 7 Day Directional Indicator of Buy. In predicting the performance of a company’s stock, analysts keenly follow and study financial indicators. 7 Day Directional Indicator refers to a short-term indicator used to determine the market trend. 

In the previous trading session, the stock opened at $22.65 , it reached a high of $23.05 and a low of $22.65. A day’s high refers to the highest price at which the stock traded during a particular trading session. A day’s low on the other hand is the lowest price at which the stock traded in a particular trading session. 

The company had a TrendSpotter Opinion of Buy for the last 7 days. TrendSpotter Opinion refers to the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility.

Day Average Directional Strength refers to the strength of the signal compared to its historical performance where Maximum is the strongest this signal has been. 7 Day Average Directional Direction on the other hand indicates whether the Buy or Sell signal is strengthening or weakening or whether a Hold signal is heading towards a buy or sell signal. The company’s Average Directional Strength for the last 7 days was Average while the Average Directional Direction was Strongest

MACD Oscillator is a medium term indicator used to indicate bullish or bearish. MACD Osc Direction on the other hand indicates whether the Buy or Sell signal is strengthening or weakening or whether a Hold signal is heading towards a buy or sell signal. The latest reported 20-100 Day MACD Oscillator for the stock was Buy.

The stock recorded a Weighted Alpha of +152.81 over the last 14 days. Weighted Alpha is the measure of the growth of the stock in a one year trading period with emphasis on the stock’s most recent price activity. A price that is surging leads to positive Weighted Alpha while a price that is falling leads to a negative Weighted Alpha. By nature, investors always go for stocks whose prices are rising. 

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