Is Big 5 Sporting (BGFV) Coming out Swinging in Q4?

Checking in on the short-term signals on Big 5 Sporting (BGFV), we note that the current 7-day average directional indicator is Buy.

This signal may be used to determine the market trend. The 7-day directional strength is Maximum . This trend strength indicator measures the signal based on historical performance where minimum would represent the weakest, and maximum would indicate the strongest.

The 7-day average directional direction is currently Strongest. This signal indicates whether the Buy or Sell signal is getting stronger or weakening, or whether the Hold is heading towards a Buy or Sell.

Investors looking to secure stock market profits may be tweaking an existing strategy or looking to devise a brand new one. As the stock market keeps charging higher, investors will have to figure out how they want to play the next few months. Identifying market tops and possible correction levels may be very tricky. With the markets trading at current levels, the situation for the average investor may be widely varied. Some investors will be trading with a shorter-term plan, while others may be focused on a longer-term investment time frame. There are many financial professionals who are predicting a sharp reversal in the stock market, but there are also those who believe that the upswing will keep pushing stocks higher over the coming months. Investors will need to decide for themselves which way they think the momentum is going to swing and prepare accordingly.

Shifting gears, we can see that the 10-day moving average Hilo channel is currently Buy. This indicator calculates the moving average based on highs/lows rather than the closing price. The direction of the signal is currently Strongest.

Looking at some other short-term indicators, Big 5 Sporting (BGFV) has a 20-day moving average vs price of Buy. This is the signal from the 20-day MA which is used to monitor changes in stock price. The current signal strength is Maximum and the direction has been noted as Strongest. The 20-50 day MACD Oscillator signal is presently Buy. The strength is presently Minimum and the direction is Strongest.

Focusing in on the 20-Day Bollinger Bands signal for Big 5 Sporting (BGFV), the current reading is Buy. This short-term indicator may be used to help spot oversold and overbought conditions.

Investors are usually striving to find that next big stock to add to the portfolio. With markets still riding high, investors will be closely watching the numbers as companies start reporting quarterly earnings results. Investors will also be keeping an eye on key economic data over the next few weeks. Many individual investors will approach the stock market from various angles. This may include following fundamental and technical information, and it may also include following analyst projections.