Masonite International Technical Analysis (NYSE:DOOR)
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 Masonite International 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 DOOR stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Masonite International. The technical analysis form of Masonite International stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Masonite International Moving Average
Moving averages show the DOOR stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $67.38 is above the last closing price of $67.35 and the 50 day moving average of $69.82 is above the last closing price of $67.35. The 10 and 20 day periods can predict short term moving average trends.
Masonite International 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 DOOR stock. Masonite International bollinger bands show that the stock price is $67.35, upper band is 70.28, lower band is 64.48, and the average is 67.38.
Masonite International 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 Masonite International MACD line is below the signal line.
Masonite International 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 DOOR stock is 51.28.