What information will I get If I set alerts?
Setting alerts can help you monitor news and markets. Set alerts to monitor the price of a particular investment, the percentage change since the previous close, moving averages, and 52-week high/low.
You might have a price in mind for buying or selling a stock or an exchange-traded fund (ETF). You can choose to set up a notification to tell you when your investment reaches a specific price. This can be helpful, especially when there's big news that can make the stock or investment change a lot.
For example, companies report their earnings four times a year, every three months. When they do this, the stock price can go up or down by a lot. You can set a notification to let you know if your stock or ETF reaches a certain price because of these earnings news.
If you're keeping an eye on a stock or ETF, this notification can tell you when it goes up or down by a certain percentage compared to the previous day's closing price. This helps you spot big changes and understand how the price is moving compared to its past, or if it's following certain patterns.
If you like using technical analysis, knowing when an investment crosses certain average prices can be helpful. These averages are calculated using recent closing prices, and they give more importance to recent data. Setting notifications for when an investment or an index goes above or below these average prices can give you insights into the investment's trends and potential buy or sell signals.
When an investment's price goes above its highest point in the past year (52-week high), some investors see it as a sign that it might continue going up. However, it's not guaranteed, and sometimes, this price level can act as a barrier that stops it from going higher.
On the flip side, if an investment's price goes below the lowest point in the past year (52-week low), some investors may think it's a bad sign, and they expect it to keep dropping. But again, it's not always the case. Hitting the 52-week low can make some investors think it's a good time to buy if they believe the investment's value has improved.
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