AEGON Technical Analysis (NYSE:AEG)
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 AEGON 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 AEG stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for AEGON. 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 AEGON stock analysis.
AEGON Moving Average
Moving averages show the AEG stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for AEGON are mostly signals of long term trends and will help long term traders.
AEGON Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like AEGON. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of AEGON bollinger bands.
AEGON 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 AEGON MACD line is above the signal line.
AEGON 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 AEG stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.