Quest Diagnostics Technical Analysis (NYSE:DGX)
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. When a chart pattern that can predict future Quest Diagnostics stock price movements is formed, the DGX stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Quest Diagnostics. 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 Quest Diagnostics stock analysis.
Quest Diagnostics Moving Average:
Moving averages show the DGX stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer DGX stock price movement for the moving average to change course.
Quest Diagnostics Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Quest Diagnostics stock price relative to previous trades. Currently the stock price of $104.87 is in the lower range of Quest Diagnostics bollinger bands.
Quest Diagnostics 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 Quest Diagnostics MACD indicator can be used to identify bullish and bearish trends for the stock.
Quest Diagnostics Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of DGX stock is 22.96. .