Alon USA Energy Technical Analysis (NYSE:ALJ)
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. The Alon USA Energy stock price data and volume are plotted in ALJ stock charts and these trading charts form the basis of technical analysis.
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 Alon USA Energy. The technical analysis form of Alon USA Energy stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Alon USA Energy Moving Average
Moving averages help predict the price direction of ALJ stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $13.09 is below the price of $13.32.
Alon USA Energy 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 ALJ stock. The stock price is trading between the average and the upper band in the context of Alon USA Energy bollinger bands.
Alon USA Energy 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 Alon USA Energy MACD indicator can be used to identify bullish and bearish trends for the stock.
Alon USA Energy 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 . 47.74 is the RSI value of ALJ stock.