PICO Holdings, Inc. (NASDAQ:PICO) Pivot Deep Dive: Fibonacci Holds at 10.17

Many individuals may have a tough time trying to figure out what actually drives financial markets. There are plenty of investing strategies and trading systems that individuals can use when trying to navigate the stock market. Sudden stock market moves can be mysterious, especially if the move goes against what professionals are expecting. When traders are just starting out, major market shifts can have the ability to wreak havoc if they are unprepared. Nobody wants to be on the losing end of a trade, but the reality is that it can happen at any time. Being prepared for the unknown isn’t easy, but it may be a good way to help ease the burden when markets get choppy.

Investors might be looking around every corner when analyzing shares of PICO Holdings, Inc. (NASDAQ:PICO). Many investors will closely track a stock when it nears a major historical high or low point. Let’s take a quick peek at some major historical highs and lows for the stock:

All time high: 56.875
All time low: 7.82
52 week high: 12.85
52 week low: 8.85
6 month high: 12.63
6 month low: 8.85
3 month high: 11.04
3 month low: 8.85
One month high: 11.04
One month low: 9.96

Traders using technical analysis may be employing moving average indicators to assist with gauging a certain market move or to indicate its strength. Many traders will rely on the EMA or Exponential Moving Average to accomplish this. Checking on some recent levels we can see that the 10 day EMA is 10.312814, the 20 day is 10.314457, and the 30 day is 10.322694. Pulling back a bit, we note that the 100 day EMA is 10.248437, the 50 day is 10.297959, and the 200 day EMA is 10.438731.

A good way for investors to understand stock price movements is to look at how it has performed at various intervals in the past. Tracking shares of PICO Holdings, Inc. (NASDAQ:PICO), we see that the most recent close price was 10.2
Year-to-date: 11.597374
Prior week: 0.990099
Prior month: -3.5916824
Last 6 months:-17.073172
Last 3 months: 0.8902077

After a recent check, we see that the Bull Bear Power reading is -0.07641864. Moving to some volatility readings, we see that the current value is 2.8431373. Looking out for the week, volatility is 2.54922. For the previous month, volatility is at 2.992538. Investors often track volatility across sectors to compare with the overall volatility in the market.

Traders use pivot point analysis to help determine key levels where a stock price may react. Tracking these turn around levels may help the trader while attempting stock analysis. Looking at some current one month pivots, we note that the Fibonacci pivot is 10.17 while the Fibonacci support 1 pivot is 10.02102, and the Fibonacci support 2 is 9.92898. Checking on the one month Woodie pivot, we note the level at 10.1325. The Woodie support 1 pivot is 9.875, and the Woodie resistance 1 pivot is 10.265.

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Following recent trading activity, we note that PICO Holdings, Inc. (NASDAQ:PICO) has seen a move of -2.6717558% since the open. The prior close was 10.2 and the one month high price is currently 11.04.

Shifting the technical focus to Keltner Channels, we see that the 20 day upper envelope is 10.458564. The 20 day lower envelope is currently 10.170349. Traders may be watching for a breakthrough of the higher or lower Keltner bands.