Almost Family Technical Analysis (NASDAQ:AFAM)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Almost Family stock price data and volume are plotted in AFAM stock charts and these trading charts form the basis of technical analysis.
See Almost Family bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Almost Family stock analysis.
Almost Family Moving Average
Moving averages show the AFAM 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 Almost Family are mostly signals of long term trends and will help long term traders.
Almost Family Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the AFAM stock. Currently the stock price of $56 is in the lower range of Almost Family bollinger bands.
Almost Family Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Almost Family MACD indicator can be used to identify bullish and bearish trends for the stock.
Almost Family Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of AFAM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.