Dorman Products Technical Analysis (NASDAQ:DORM)
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 Dorman Products stock price data and volume are plotted in DORM stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Dorman Products. The technical analysis form of Dorman Products stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Dorman Products Moving Average
Moving averages show the average price of DORM stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Dorman Products are mostly signals of long term trends and will help long term traders.
Dorman Products Bollinger Bands
Bollinger bands comprise of a center line usually DORM SMA, and two DORM stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the lower band in the context of Dorman Products bollinger bands.
Dorman Products Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Dorman Products MACD indicator can be used to identify bullish and bearish trends for the stock.
Dorman Products 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 . 41.98 is the RSI value of DORM stock.