TD Ameritrade Technical Analysis (NASDAQ:AMTD)
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 TD Ameritrade 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 AMTD stock chart which creates a trading signal.
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 TD Ameritrade. 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 TD Ameritrade stock analysis.
TD Ameritrade Moving Average
Moving averages help predict the price direction of AMTD stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $57.16 is below the last closing price of $59.41 and the 50 day moving average of $58.34 is below the last closing price of $59.41. The 10 and 20 day periods can predict short term moving average trends.
TD Ameritrade Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like TD Ameritrade. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. TD Ameritrade bollinger bands show that the stock price is $59.41, upper band is 61.28, lower band is 52.74, and the average is 57.01.
TD Ameritrade 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 TD Ameritrade MACD indicator is above 0 indicating a bullish trend.
TD Ameritrade 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 . 58.49 is the RSI value of AMTD stock.