Aflac Technical Analysis (NYSE:AFL)
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. A AFL stock chart pattern can give those who understand technical analysis an indication of which way AFL stock is headed, but cannot predict with 100% certainty as to what can happen to the Aflac stock price.
See Aflac bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for Aflac stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Aflac Moving Average:
AFL stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Aflac chart patterns after the calculations remain the same. The 100 day moving average of 76.58 is below the last closing price of 80.17. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Aflac are mostly signals of long term trends and will help long term traders.
Aflac Bollinger Bands:
Bollinger bands comprise of a center line usually AFL SMA, and two AFL 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. Aflac bollinger bands show that the stock price is $80.17, upper band is 49.24, lower band is 47.12, and the average is 48.18.
Aflac 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 Aflac MACD indicator is above 0 indicating a bullish trend.
Aflac 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. 39.4 is the RSI value of AFL stock. .