Banco Bradesco Technical Analysis (NYSE:BBD)
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 Banco Bradesco stock price data and volume are plotted in BBD stock charts and these trading charts form the basis of technical analysis.
See Banco Bradesco bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Banco Bradesco stock analysis that does not care for the fair value of a company but uses price and volume data only.
Banco Bradesco Moving Average
Moving averages show the BBD 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 Banco Bradesco are mostly signals of long term trends and will help long term traders.
Banco Bradesco Bollinger Bands
Bollinger bands comprise of a center line usually BBD SMA, and two BBD stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Banco Bradesco bollinger bands show that the stock price is $10, upper band is 11.88, lower band is 9.29, and the average is 10.58.
Banco Bradesco 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 Banco Bradesco MACD indicator can be used to identify bullish and bearish trends for the stock.
Banco Bradesco 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 BBD stock is 37.72.