Fidelity Southern Technical Analysis (NASDAQ:LION)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the Fidelity Southern stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the LION stock chart which creates a trading signal.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Fidelity Southern. Technical analysis uses an approach for Fidelity Southern stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Fidelity Southern Moving Average:
Moving averages show the average price of LION stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Fidelity Southern are mostly signals of long term trends and will help long term traders.
Fidelity Southern Bollinger Bands:
Bollinger bands comprise of a center line usually LION SMA, and two LION 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. Currently the stock price of $21.19 is in the lower range of Fidelity Southern bollinger bands.
Fidelity Southern Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Fidelity Southern MACD indicator is below 0 indicating a bearish trend.
Fidelity Southern Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 25.35 is the RSI value of LION stock. .