Ann Technical Analysis (NYSE:ANN)
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 Ann 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 ANN stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Ann. Technical analysis uses an approach for Ann stock analysis that does not care for the fair value of a company but uses price and volume data only.
Ann Moving Average
Moving averages help predict the price direction of ANN 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 $45.64 is above the last closing price of $44.89 and the 50 day moving average of $46.85 is above the last closing price of $44.89. The 10 and 20 day periods can predict short term moving average trends.
Ann 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 ANN stock. Currently the stock price of $44.89 is in the lower range of Ann bollinger bands.
Ann 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 Ann MACD indicator can be used to identify bullish and bearish trends for the stock.
Ann Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of ANN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.