Ann Technical Analysis (NYSE:ANN)
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 ANN stock chart pattern can give those who understand technical analysis an indication of which way ANN stock is headed, but cannot predict with 100% certainty as to what can happen to the Ann stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Ann. 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 Ann stock analysis.
Ann Moving Average
Moving averages show the average price of ANN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. 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 consist of two price bands above and below a center line for any company stock like Ann. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $44.89 is in the lower range of Ann bollinger bands.
Ann 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 Ann MACD indicator can be used to identify bullish and bearish trends for the stock.
Ann 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 . 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.