Exelis Technical Analysis (NYSE:XLS)
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. Just by looking at the Exelis 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 XLS stock chart which creates a trading signal.
See Exelis bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Exelis stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Exelis Moving Average:
Moving averages show the average price of XLS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $33.65 is below the price of $24.66.
Exelis Bollinger Bands:
Bollinger bands comprise of a center line usually XLS SMA, and two XLS 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. Exelis bollinger bands show that the stock price is $24.66, upper band is 29.97, lower band is 23.36, and the average is 26.67.
Exelis 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 Exelis MACD indicator can be used to identify bullish and bearish trends for the stock.
Exelis 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. 79.85 is the RSI value of XLS stock. .