Dividend and Income Fund Technical Analysis (NYSE:DNI)
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 DNI Chart pattern can give those who understand technical analysis an indication of which way DNI stock is headed, but cannot predict with 100% certainty as to what can happen to the Dividend and Income Fund Price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Dividend and Income Fund. Technical analysis uses an approach for Dividend and Income Fund Analysis that does not care for the fair value of a company but uses price and volume data only.
Dividend and Income Fund Moving Average
Moving averages show the average price of DNI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $12.36 is below the price of $12.4.
Dividend and Income Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Dividend and Income Fund. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the Price of $12.4 is in the upper range of Dividend and Income Fund bollinger bands.
Dividend and Income Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The Dividend and Income Fund MACD line is below the signal line.
Dividend and Income Fund Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 55.74 is the RSI value of DNI stock.