Assurant Technical Analysis (NYSE:AIZ)
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. The AIZ stock chart pattern can give those who understand technical analysis an indication of which way AIZ stock is headed, but cannot predict with 100% certainty as to what can happen to the Assurant stock price.
See Assurant bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Assurant stock analysis that does not care for the fair value of a company but uses price and volume data only.
Assurant Moving Average
Moving averages show the average price of AIZ stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $105.63 is below the last closing price of $107.47 and the 50 day moving average of $99.35 is below the last closing price of $107.47. The 10 and 20 day periods can predict short term moving average trends.
Assurant Bollinger Bands
Bollinger bands comprise of a center line usually AIZ SMA, and two AIZ 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 upper band in the context of Assurant bollinger bands.
Assurant 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 Assurant MACD line is below the signal line.
Assurant 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. The relative strength index of AIZ stock is 67.99.