Monsanto Technical Analysis (NYSE:MON)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. A MON stock chart pattern can give those who understand technical analysis an indication of which way MON stock is headed, but cannot predict with 100% certainty as to what can happen to the Monsanto stock price.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Monsanto. 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 Monsanto stock analysis.
Monsanto Moving Average:
Moving averages help predict the price direction of MON stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $45.13 is below the price of $111.38.
Monsanto Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Monsanto stock price relative to previous trades. The stock price is trading between the average and the lower band in the context of Monsanto bollinger bands.
Monsanto 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 Monsanto MACD indicator is below 0 indicating a bearish trend.
Monsanto Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of MON stock is 56.93. .