American Eagle Technical Analysis (NYSE:AEO)
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 American Eagle 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 AEO 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 American Eagle. 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 American Eagle stock analysis.
American Eagle Moving Average
Moving averages show the AEO 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 American Eagle are mostly signals of long term trends and will help long term traders.
American Eagle Bollinger Bands
Bollinger bands comprise of a center line usually AEO SMA, and two AEO stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the lower band in the context of American Eagle bollinger bands.
American Eagle 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 American Eagle MACD line is above the signal line.
American Eagle 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. 55.04 is the RSI value of AEO stock.