When you are new to stocks, it is usually more useful to look at the broader market before focusing on a single price. A wider view can help you avoid overreacting to one day's movement.
Start with major indexes and the direction of interest rates. Then compare the strength of the industry you are following with the broader market. Finally, review revenue, earnings, and cash flow so that you can connect headlines with numbers.
This order is not a formula for buying or selling. It is simply a repeatable way to separate what has changed from what has not when new information arrives.