After a recent volatility check, L.B. Foster Company (NASDAQ:FSTR) shares have popped up on the radar. Watching the ATR or average true range, we have noted that the current level is 0.71. The ATR or average true range was developed by J. Welles Wilder. The ATR tracks the distance that the stock price is moving each period. The ATR may be used by investors and traders to gauge when markets are likely to range, when extreme stock price levels are being approached, or if there is significant interest in a trend. ATR may be used as an indicator, but it may not predict anything by itself. Higher ATR’s may indicate that the stock is trending, and smaller ATR’s may be indicitive of stock price consolidation. The ATR range will be positive whether or not shares are trending up or down. ATR may allow traders to more accurately buy or sell into certain trends.
Investors are constantly trying to gain any little advantage when it comes to the stock market. Setting realistic goals and staying disciplined when trying to attain those goals can have a positive impact on an investor’s psyche and portfolio performance. Making a couple of badly timed trades can have a drastic effect on the mindset of the investor or trader. Sometimes, investors will have a few missteps that generally include buying when the market is too high, selling when the market is low, or being on the sidelines during a major charge higher. Staying disciplined can help the average investor avoid common pitfalls to help keep the focus in the right direction. When inevitable mistakes are made, investors will have the opportunity to learn from those mistakes and get back on the road to recovery.
L.B. Foster Company (NASDAQ:FSTR) has a current consensus broker rating of 2.00. This rating follows a scale where a 1 or a 2 would represent a consensus Buy recommendation. A rating of 4 or 5 would indicate a consensus Sell recommendation. A rating of 3 would represent a Hold recommendation. Checking in on the RSI or relative strength index, we see that the 14-day level is 83.88. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line heads higher, the stock may be showing strength. The opposite is the case when the RSI line is moving down. RSI may be used to spot overbought or oversold conditions. An RSI reading over 70 would be considered overbought, and a value under 30 would indicate oversold conditions. A level of 50 would represent neutral market momentum.
At current stock price levels, we have noted that L.B. Foster Company (NASDAQ:FSTR) shares are separated -17.54% from the 52 week high and 56.94% off of the 52 week low. From the open, the stock has seen a change of -0.32%. Looking at some other high/low data, the stock has been seen trading -0.68% away from the 50 day high and 35.17% off of the 50 day low. In terms of volume, the current value is near 5269. Investors may be keeping a close eye on unusual trading volume on company shares. A large increase or decrease in trading volume may suggest that other factors are present.
Tracking some historical performance information for L.B. Foster Company (NASDAQ:FSTR), we have noted that performance for the previous week is 7.80%. YTD, the stock has performed 37.36%. Over the last full-year, shares have performed -11.94%. For the previous month, company shares are 23.74%. For the last quarter, the stock has performed 22.70%. Tracking some recent volatility numbers, shares are 2.93% for the week, and 3.86% for the past month.
Following all the day to day information regarding publically traded companies can be challenging. There is rarely any shortage of data that investors can examine when attempting to research specific stocks. One of the greatest challenges for the investor is determining which data to focus on and which data to set aside. Investors will often need to stay aware of happenings in the overall economic environment, and pay attention to global factors that may have a widespread impact on markets. Being aware of the macroeconomic picture can greatly help the investor when making important portfolio decisions.