Dean Foods Technical Analysis (NYSE:DF)
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. Just by looking at the Dean Foods 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 DF stock chart which creates a trading signal.
See Dean Foods bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Dean Foods stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Dean Foods Moving Average
Moving averages help predict the price direction of DF stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $9.25 is below the price of $10.06.
Dean Foods 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 DF stock. The stock price is trading between the average and the upper band in the context of Dean Foods bollinger bands.
Dean Foods 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 Dean Foods MACD indicator is above 0 indicating a bullish trend.
Dean Foods 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 DF stock is 69.86.