Duff & Phelps Utility Technical Analysis (NYSE:DUC)
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. Just by looking at the Duff & Phelps Utility 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 DUC Chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Duff & Phelps Utility. 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 Duff & Phelps Utility Analysis.
Duff & Phelps Utility Moving Average
Moving averages help predict the price direction of DUC 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 $8.57 is above the price of $8.5.
Duff & Phelps Utility Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Duff & Phelps Utility. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Duff & Phelps Utility bollinger bands show that the Price is $8.5, upper band is 8.72, lower band is 8.43, and the average is 8.57.
Duff & Phelps Utility 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 Duff & Phelps Utility MACD indicator can be used to identify bullish and bearish trends for the stock.
Duff & Phelps Utility 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. If the RSI of DUC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.