Ducommun Technical Analysis (NYSE:DCO)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. A DCO stock chart pattern can give those who understand technical analysis an indication of which way DCO stock is headed, but cannot predict with 100% certainty as to what can happen to the Ducommun stock price.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Ducommun. The technical analysis form of Ducommun stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Ducommun Moving Average:
DCO stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Ducommun chart patterns after the calculations remain the same. The 100 day moving average of 55.67 is below the last closing price of 20.66. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $58.74 is above the price of $20.66.
Ducommun Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the DCO stock. Ducommun bollinger bands show that the stock price is $20.66, upper band is 19.36, lower band is 17.23, and the average is 18.29.
Ducommun Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Ducommun MACD indicator is below 0 indicating a bearish trend.
Ducommun Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 17.87 is the RSI value of DCO stock. .