Astrazeneca Technical Analysis (NYSE:AZN)
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 AZN stock chart pattern can give those who understand technical analysis an indication of which way AZN stock is headed, but cannot predict with 100% certainty as to what can happen to the Astrazeneca stock price.
See Astrazeneca bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Astrazeneca stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Astrazeneca Moving Average
Moving averages show the AZN stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Astrazeneca are mostly signals of long term trends and will help long term traders.
Astrazeneca Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Astrazeneca. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Astrazeneca bollinger bands show that the stock price is $37.3, upper band is 39.07, lower band is 36.83, and the average is 37.95.
Astrazeneca 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 Astrazeneca MACD line is above the signal line.
Astrazeneca Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of AZN stock is 29.68.