Affiliated Managers Technical Analysis (NYSE:AMG)
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. Just by looking at the Affiliated Managers 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 AMG stock chart which creates a trading signal.
See Affiliated Managers bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Affiliated Managers stock analysis that does not care for the fair value of a company but uses price and volume data only.
Affiliated Managers Moving Average
Moving averages show the average price of AMG stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $151.18 is above the price of $146.59.
Affiliated Managers Bollinger Bands
Bollinger bands comprise of a center line usually AMG SMA, and two AMG 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. Affiliated Managers bollinger bands show that the stock price is $146.59, upper band is 157.17, lower band is 144.36, and the average is 150.77.
Affiliated Managers 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 Affiliated Managers MACD line is above the signal line.
Affiliated Managers 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 . If the RSI of AMG stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.