Investors might be looking to find some bargains to add to the portfolio as we move closer towards the end of the year. Maybe some of the earlier portfolio picks don’t look as promising as they did a few months ago. There might also be a few names that have fallen off a cliff and do not look they will be returning to previous levels. Investors may be searching for a few overlooked stocks that the rest of the investing community has passed on for whatever reason. Nobody knows for sure what the next couple of quarters have in store. As earnings season kicks off, investors will be closely following the companies that manage to beat expectations by a wide margin.    

Following the Chaikin Money Flow indicator, we note that the current 20 day value is -0.06330926 on shares of Asbury Automotive Group, Inc. (NYSE:ABG). Traders will watch to see if the indicator can help confirm an ongoing trend. In the midst of a bullish trend, the CMF value staying above zero may point to continuous buying pressure and the possibility of a sustained rise in price. In the midst of a bearish trend, the CMF value staying below zero may show continuous selling pressure and the possibility of continued price decline.

Trading on volume of 41090, Asbury Automotive Group, Inc. (NYSE:ABG) has seen a change from the open of -0.35 since the stock opened at 84.85. Monitoring today’s activity, the stock has hit a high point of 85 and slipped to a low of 84.355. 

Checking in on the Awesome Oscillator, we see that the reading is 1.02025. Traders may follow this oscillator to measure market momentum. Created by Bill Williams, the Awesome Oscillator calculates the difference of the 5 period and 34 period SMA.

The 20 day Keltner Channels upper envelope is 84.99930396. The 20 day Keltner Channels lower envelope is 82.59878986. The Keltner Channels indicator was introduced by Chester Keltner in his book How to Make Money in Commodities. Keltner’s ideas have since been expanded upon and are widely used by technical traders.

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Donchian Channels may be useful for technical traders. The primary function of the indicator is to measure volatility. The bands will widen when volatility is high, and they will become narrow with low volatility. The 20 day upper band level is 87.16. For the same period, the lower band level is 82.44.

Shares of Asbury Automotive Group, Inc. (NYSE:ABG) ended last session at 84.5. Following today’s trade, we note that the stock has moved -0.54143126% since the opening bell. The company has a current market cap of 1639617551. The stock’s high price over the last month is presently 87.16.

Watching volatility readings, we can see the current value for the stock is 1.77828. Volatility for the week stands at 1.95728772, and the monthly reading is 2.18534595. Volatility involves the amount of risk in relation to the amount of change in a stock’s value. 

Scanning the equity market, we note that the stock’s current Oscillator Rating is showing “Neutral”. Traders will take note of many different factors when examining a stock’s health. Flipping over to the Moving Average Rating, we see that the current sentiment is pointing to a “Strong Buy”.

One of the biggest downfalls of the individual investor is not being able to take losses when it becomes necessary. Of course nobody wants to take a loss, but the repercussions of not letting go of a losing stock can end up sealing the demise of the well-intentioned investor. Many professionals would probably agree that the pain of realizing a loss is more intense than the joy of picking a winner. Investors who become reluctant to sell losers may be delaying the inevitable and essentially suffocating the portfolio. Not addressing the losing side can have severe negative effects on the long-term health of the portfolio. Investors may have to find a way to face the music and sell when they realize that a trade has gone sour.

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