Annies Technical Analysis (NYSE:BNNY)
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 BNNY stock chart pattern can give those who understand technical analysis an indication of which way BNNY stock is headed, but cannot predict with 100% certainty as to what can happen to the Annies 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 Annies. Technical analysis uses an approach for Annies stock analysis that does not care for the fair value of a company but uses price and volume data only.
Annies Moving Average
Moving averages help predict the price direction of BNNY 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 $45.92 is below the last closing price of $45.97 and the 50 day moving average of $39.91 is below the last closing price of $45.97. The 10 and 20 day periods can predict short term moving average trends.
Annies 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 BNNY stock. The stock price is trading between the average and the upper band in the context of Annies bollinger bands.
Annies 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 Annies MACD indicator can be used to identify bullish and bearish trends for the stock.
Annies 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 . 81.82 is the RSI value of BNNY stock.