Fiat Chrysler Technical Analysis (NYSE:FCAU)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. The Fiat Chrysler stock price data and volume are plotted in FCAU stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Fiat Chrysler. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Fiat Chrysler stock analysis.
Fiat Chrysler Moving Average:
Moving averages help predict the price direction of FCAU stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Fiat Chrysler are mostly signals of long term trends and will help long term traders.
Fiat Chrysler Bollinger Bands:
Bollinger bands comprise of a center line usually FCAU SMA, and two FCAU stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Fiat Chrysler bollinger bands show that the stock price is $10.79, upper band is 33.25, lower band is 20.92, and the average is 27.08.
Fiat Chrysler Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Fiat Chrysler MACD indicator is above 0 indicating a bullish trend.
Fiat Chrysler Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of FCAU stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .