HZN-DAX GERMANY Technical Analysis (NASDAQ:DAX)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The HZN-DAX GERMANY Price data and volume are plotted in DAX Charts and these trading charts form the basis of technical analysis.
See HZN-DAX GERMANY bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for HZN-DAX GERMANY Analysis that does not care for the fair value of a company but uses price and volume data only.
HZN-DAX GERMANY Moving Average
Moving averages help predict the price direction of DAX stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for HZN-DAX GERMANY are mostly signals of long term trends and will help long term traders.
HZN-DAX GERMANY Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like HZN-DAX GERMANY. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the Price of $31.32 is in the upper range of HZN-DAX GERMANY bollinger bands.
HZN-DAX GERMANY Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the Price trend, as the indicator is useful in understanding the strength, direction and momentum of the Price. The HZN-DAX GERMANY MACD indicator can be used to identify bullish and bearish trends for the stock.
HZN-DAX GERMANY Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . 66.46 is the RSI value of DAX stock.