Delek US Technical Analysis (NYSE:DK)
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 DK stock chart pattern can give those who understand technical analysis an indication of which way DK stock is headed, but cannot predict with 100% certainty as to what can happen to the Delek US stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Delek US. 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 Delek US stock analysis.
Delek US Moving Average
Moving averages help predict the price direction of DK stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $54.57 is above the last closing price of $51.64 and the 50 day moving average of $50.73 is below the last closing price of $51.64. The 10 and 20 day periods can predict short term moving average trends.
Delek US 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 DK stock. Delek US bollinger bands show that the stock price is $51.64, upper band is 59.83, lower band is 49.31, and the average is 54.57.
Delek US 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 Delek US MACD indicator is below 0 indicating a bearish trend.
Delek US 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 . If the RSI of DK stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.