Western Asset Emerging Markets Fund Technical Analysis (NYSE:EMD.2)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Western Asset Emerging Markets Fund Price data and volume are plotted in EMD.2 Charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Western Asset Emerging Markets Fund. The technical analysis form of Western Asset Emerging Markets Fund Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Western Asset Emerging Markets Fund Moving Average
Moving averages show the EMD.2 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 $11.69 is below the last closing price of $14.71 and the 50 day moving average of $11.19 is below the last closing price of $14.71. The 10 and 20 day periods can predict short term moving average trends.
Western Asset Emerging Markets Fund 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 EMD.2 stock. Currently the Price of $14.71 is in the upper range of Western Asset Emerging Markets Fund bollinger bands.
Western Asset Emerging Markets 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 Western Asset Emerging Markets Fund MACD indicator is below 0 indicating a bearish trend.
Western Asset Emerging Markets 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. The relative strength index of EMD.2 stock is 94.64.