Dreyfus Strategic Municipal Bond Fund Technical Analysis (NYSE:DSM)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Dreyfus Strategic Municipal Bond Fund Price data and volume are plotted in DSM Charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Dreyfus Strategic Municipal Bond Fund. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use Price movements for this form of Dreyfus Strategic Municipal Bond Fund Analysis.
Dreyfus Strategic Municipal Bond Fund Moving Average
Moving averages help predict the price direction of DSM stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $7.57 is above the price of $7.53.
Dreyfus Strategic Municipal Bond Fund Bollinger Bands
Bollinger bands comprise of a center line usually DSM SMA, and two DSM 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 Price moves closer towards the lower band. Dreyfus Strategic Municipal Bond Fund bollinger bands show that the Price is $7.53, upper band is 7.67, lower band is 7.47, and the average is 7.57.
Dreyfus Strategic Municipal Bond Fund 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 Prices will go up. The Dreyfus Strategic Municipal Bond Fund MACD line is above the signal line.
Dreyfus Strategic Municipal Bond Fund Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . The relative strength index of DSM stock is 40.