FANHUA INC Technical Analysis (NASDAQ:FANH)
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 FANH stock chart pattern can give those who understand technical analysis an indication of which way FANH stock is headed, but cannot predict with 100% certainty as to what can happen to the FANHUA INC stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for FANHUA INC. The technical analysis form of FANHUA INC stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
FANHUA INC Moving Average
Moving averages show the FANH 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for FANHUA INC are mostly signals of long term trends and will help long term traders.
FANHUA INC Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like FANHUA INC. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $25.54 is in the lower range of FANHUA INC bollinger bands.
FANHUA INC 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 FANHUA INC MACD indicator can be used to identify bullish and bearish trends for the stock.
FANHUA INC Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 40.08 is the RSI value of FANH stock.