Church & Dwight Technical Analysis (NYSE:CHD)
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. Just by looking at the Church & Dwight stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the CHD stock chart which creates a trading signal.
See Church & Dwight bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Church & Dwight stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Church & Dwight Moving Average:
CHD stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Church & Dwight chart patterns after the calculations remain the same. The 100 day moving average of 51.28 is above the last closing price of 48.61. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Church & Dwight are mostly signals of long term trends and will help long term traders.
Church & Dwight 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 CHD stock. Church & Dwight bollinger bands show that the stock price is $48.61, upper band is 9.81, lower band is 9.49, and the average is 9.65.
Church & Dwight Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Church & Dwight MACD line is below the signal line.
Church & Dwight Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 36.35 is the RSI value of CHD stock. .