Fresh Del Monte Produce Technical Analysis (NYSE:FDP)
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 Fresh Del Monte Produce stock price data and volume are plotted in FDP stock 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 Fresh Del Monte Produce. The technical analysis form of Fresh Del Monte Produce stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Fresh Del Monte Produce Moving Average
Moving averages show the average price of FDP stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Fresh Del Monte Produce are mostly signals of long term trends and will help long term traders.
Fresh Del Monte Produce 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 FDP stock. Currently the stock price of $35.14 is in the lower range of Fresh Del Monte Produce bollinger bands.
Fresh Del Monte Produce Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Fresh Del Monte Produce MACD line is below the signal line.
Fresh Del Monte Produce 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 FDP stock is 21.11.