Financial Engines Technical Analysis (NASDAQ:FNGN)
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 FNGN stock chart pattern can give those who understand technical analysis an indication of which way FNGN stock is headed, but cannot predict with 100% certainty as to what can happen to the Financial Engines 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 Financial Engines. Technical analysis uses an approach for Financial Engines stock analysis that does not care for the fair value of a company but uses price and volume data only.
Financial Engines Moving Average
Moving averages help predict the price direction of FNGN 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 Financial Engines are mostly signals of long term trends and will help long term traders.
Financial Engines Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Financial Engines. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Financial Engines bollinger bands.
Financial Engines 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 Financial Engines MACD line is below the signal line.
Financial Engines Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of FNGN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.