Apogee Enterprises Technical Analysis (NASDAQ:APOG)
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 APOG stock chart pattern can give those who understand technical analysis an indication of which way APOG stock is headed, but cannot predict with 100% certainty as to what can happen to the Apogee Enterprises 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 Apogee Enterprises. Technical analysis uses an approach for Apogee Enterprises stock analysis that does not care for the fair value of a company but uses price and volume data only.
Apogee Enterprises Moving Average
Moving averages help predict the price direction of APOG stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Apogee Enterprises are mostly signals of long term trends and will help long term traders.
Apogee Enterprises 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 APOG stock. Currently the stock price of $45.25 is in the upper range of Apogee Enterprises bollinger bands.
Apogee Enterprises 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 Apogee Enterprises MACD indicator is below 0 indicating a bearish trend.
Apogee Enterprises 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 APOG stock is 49.85.