American National Insurance Technical Analysis (NASDAQ:ANAT)
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. The ANAT stock chart pattern can give those who understand technical analysis an indication of which way ANAT stock is headed, but cannot predict with 100% certainty as to what can happen to the American National Insurance stock price.
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 National Insurance. The technical analysis form of American National Insurance 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 National Insurance Moving Average
Moving averages help predict the price direction of ANAT 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 $121.66 is below the last closing price of $125.32 and the 50 day moving average of $120.79 is below the last closing price of $125.32. The 10 and 20 day periods can predict short term moving average trends.
American National Insurance Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like American National Insurance. 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 upper band in the context of American National Insurance bollinger bands.
American National Insurance 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 American National Insurance MACD indicator is below 0 indicating a bearish trend.
American National Insurance 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 . The relative strength index of ANAT stock is 85.74.