Finish Line Technical Analysis (NASDAQ:FINL)
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. Just by looking at the Finish Line stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the FINL stock chart which creates a trading signal.
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 Finish Line. 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 Finish Line stock analysis.
Finish Line Moving Average
Moving averages show the FINL 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $13.57 is above the price of $13.52.
Finish Line Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Finish Line. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Finish Line bollinger bands show that the stock price is $13.52, upper band is 13.8, lower band is 13.33, and the average is 13.57.
Finish Line 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 Finish Line MACD line is above the signal line.
Finish Line Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of FINL stock is 34.69.