Fidelity National Financial Technical Analysis (NYSE:FNF)
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 FNF stock chart pattern can give those who understand technical analysis an indication of which way FNF stock is headed, but cannot predict with 100% certainty as to what can happen to the Fidelity National Financial stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Fidelity National Financial. The technical analysis form of Fidelity National 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.
Fidelity National Financial Moving Average
Moving averages show the FNF 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 20 day moving average of $37.96 is below the last closing price of $38.11 and the 50 day moving average of $38.57 is above the last closing price of $38.11. The 10 and 20 day periods can predict short term moving average trends.
Fidelity National Financial 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 FNF stock. Fidelity National Financial bollinger bands show that the stock price is $38.11, upper band is 38.93, lower band is 36.99, and the average is 37.96.
Fidelity National 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 Fidelity National Financial MACD indicator is below 0 indicating a bearish trend.
Fidelity National Financial 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 FNF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.