American Woodmark Technical Analysis (NASDAQ:AMWD)
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 AMWD stock chart pattern can give those who understand technical analysis an indication of which way AMWD stock is headed, but cannot predict with 100% certainty as to what can happen to the American Woodmark stock price.
See American Woodmark bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of American Woodmark stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
American Woodmark Moving Average
Moving averages show the AMWD stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for American Woodmark are mostly signals of long term trends and will help long term traders.
American Woodmark Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like American Woodmark. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of American Woodmark bollinger bands.
American Woodmark 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 Woodmark MACD indicator can be used to identify bullish and bearish trends for the stock.
American Woodmark Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of AMWD stock is 32.44.