UBS ETRACS CMCI Silver Total Return ETN (:USV) shares have been recorded gapping down -3.03% between sessions as the stock currently sits at $20.19 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. Gaps are created by numerous factors. Poor earnings, bad news, organizational changes and/or market influences can cause a stock’s price to decrease suddenly.
From time to time, investors may need to decide when to sell a winner. This can be one of the tougher portfolio decisions to make. When a winning stock keeps rising, it can be tough to part with it. Investors may become hesitant to sell because they don’t want to miss out on greater profits in the future. Sometimes this strategy will work, and other times investors may be watching all previous gains evaporate. Being able to sell a winner can provide obvious profits, and it may even be a confidence booster for the average investor. On the flip side, investors may also be faced with the decision of when to sell a loser. Even the most researched trades can go sour. Being able to detach from the trade mentally can end up saving the investor more grief down the line. Holding onto a stock with the hopes of a giant turnaround can be a recipe for portfolio disaster. Being able to cut losses is just as much a part of the process as being able to cash in winners. Learning from mistakes and being able to wipe the slate clean can help the investor be better prepared for future endeavors in the markets.
UBS ETRACS CMCI Silver Total Return ETN (:USV)’s performance this year to date is -0.86%. The stock has performed -5.66% over the last seven days, -0.86% over the last thirty, and -6.30% over the last three months. Over the last six months, UBS ETRACS CMCI Silver Total Return ETN’s stock has been -6.09% and -7.01% for the year.
SIMPLE MOVING AVERAGE
The simple moving average is the most common method used to calculate the moving average of prices. It takes the sum of all of the past closing prices over a specific time period and divides the result by the number of prices used in the calculation. UBS ETRACS CMCI Silver Total Return ETN’s 20-Day Simple Moving Average is -7.45%. Extending back, their 50-Day Simple Moving Average is -8.14%, looking even further back, their 200-Day Simple Moving Average stands at -7.38%.