Dana Holding Technical Analysis (NYSE:DAN)
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 Dana Holding stock price data and volume are plotted in DAN stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Dana Holding. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Dana Holding stock analysis.
Dana Holding Moving Average
Moving averages show the average price of DAN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $22.72 is above the last closing price of $21.75 and the 50 day moving average of $23.96 is above the last closing price of $21.75. The 10 and 20 day periods can predict short term moving average trends.
Dana Holding 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 DAN stock. Dana Holding bollinger bands show that the stock price is $21.75, upper band is 24, lower band is 21.44, and the average is 22.72.
Dana Holding 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 Dana Holding MACD indicator can be used to identify bullish and bearish trends for the stock.
Dana Holding 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 DAN stock is 38.53.