Federal-Mogul Holdings Technical Analysis (NASDAQ:FDML)
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 FDML stock chart pattern can give those who understand technical analysis an indication of which way FDML stock is headed, but cannot predict with 100% certainty as to what can happen to the Federal-Mogul Holdings stock price.
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 Federal-Mogul Holdings. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Federal-Mogul Holdings stock analysis.
Federal-Mogul Holdings Moving Average
Moving averages help predict the price direction of FDML stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Federal-Mogul Holdings are mostly signals of long term trends and will help long term traders.
Federal-Mogul Holdings Bollinger Bands
Bollinger bands comprise of a center line usually FDML SMA, and two FDML 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. Currently the stock price of $9.98 is in the lower range of Federal-Mogul Holdings bollinger bands.
Federal-Mogul Holdings Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Federal-Mogul Holdings MACD indicator is below 0 indicating a bearish trend.
Federal-Mogul Holdings 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 FDML stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.