China Online Education Group (ASX:COE) shares have been recorded gapping down -3.53% between sessions as the stock currently sits at $16.41 before the bell.
A gap is a space between prices that occurs when the price of a stock makes a move down or up when there is no trading happening in between.
Investors may be trying to figure out which chart patterns or technical indicators to use. This may take some time to figure out which strategy works for each individual. Back testing specific indicators can be a good way to personally evaluate a particular method. Many investors will opt to follow trading strategies of the professionals. This may work well for some but not others. Figuring out what works and what doesn’t should help the investor make better future decisions. Some investors will choose to go against the grain and develop a contrarian approach. Pulling out substantial profits in the markets may seem like a daunting task. Playing things safe may be the choice for one investor but not the next. Many people will choose to adhere to the old saying of nothing ventured nothing gained. This of course may vary from investor to investor depending on the amount of capital available.
Recent Price History
China Online Education Group (ASX:COE)’s performance this year to date is 9.39%. The stock has performed 2.66% over the last seven days, 5.92% over the last thirty, and -5.97% over the last three months. Over the last six months, China Online Education Group’s stock has been 17.35% and -15.14% for the year.
The simple moving average is the most common method used to calculate the moving average of prices. China Online Education Group’s 20-Day Simple Moving Average is 0.40%. Extending back, their 50-Day Simple Moving Average is -1.24%, looking even further back, their 200-Day Simple Moving Average stands at 0.95%.
Deutsche X-trackers HrvstCSI500CHN A SC (:ASHS) shares are moving lower ahead of the market open, gapping down -3.50% as the stock currently sits at $31.67 before the bell.
Deutsche X-trackers HrvstCSI500CHN A SC (:ASHS)’s performance this year to date is 2.57%. The stock has performed -0.69% over the last seven days, 3.47% over the last thirty, and -4.83% over the last three months. Over the last six months, Deutsche X-trackers HrvstCSI500CHN A SC’s stock has been 0.06% and -7.20% for the year.
Deutsche X-trackers HrvstCSI500CHN A SC’s 20-Day Simple Moving Average is -3.34%. Extending back, their 50-Day Simple Moving Average is -0.69%, looking even further back, their 200-Day Simple Moving Average stands at -5.23%.
Disclaimer: Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.