ANDEAVOR CORP Technical Analysis (NYSE:ANDV)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The ANDEAVOR CORP stock price data and volume are plotted in ANDV stock charts and these trading charts form the basis of technical analysis.
See ANDEAVOR CORP bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 ANDEAVOR CORP stock analysis.
ANDEAVOR CORP Moving Average
Moving averages show the average price of ANDV 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 $141.67 is above the price of $135.05.
ANDEAVOR CORP Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the ANDV stock. Currently the stock price of $135.05 is in the lower range of ANDEAVOR CORP bollinger bands.
ANDEAVOR CORP Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The ANDEAVOR CORP MACD indicator can be used to identify bullish and bearish trends for the stock.
ANDEAVOR CORP 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 ANDV stock is 15.06.