FBL Financial Technical Analysis (NYSE:FFG)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The FBL Financial stock price data and volume are plotted in FFG stock charts and these trading charts form the basis of technical analysis.
See FBL Financial bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of FBL Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
FBL Financial Moving Average
Moving averages show the average price of FFG 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 FBL Financial are mostly signals of long term trends and will help long term traders.
FBL Financial Bollinger Bands
Bollinger bands comprise of a center line usually FFG SMA, and two FFG 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 $78.1 is in the upper range of FBL Financial bollinger bands.
FBL Financial 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 FBL Financial MACD indicator is below 0 indicating a bearish trend.
FBL Financial Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of FFG stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.