American Homes 4 Rent Technical Analysis (NYSE:AMH)
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 American Homes 4 Rent stock price data and volume are plotted in AMH 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 American Homes 4 Rent. 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 American Homes 4 Rent stock analysis.
American Homes 4 Rent Moving Average:
Moving averages show the AMH stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A rise in trend over the long term indicates a long term uptrend. Similarly a falling AMH moving average implies that American Homes 4 Rent stock price is falling.
American Homes 4 Rent Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like American Homes 4 Rent. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $22.74 is in the lower range of American Homes 4 Rent bollinger bands.
American Homes 4 Rent 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 American Homes 4 Rent MACD indicator can be used to identify bullish and bearish trends for the stock.
American Homes 4 Rent 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. 45.6 is the RSI value of AMH stock. .