LB Foster Technical Analysis (NASDAQ:FSTR)
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 LB Foster stock price data and volume are plotted in FSTR stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for LB Foster. 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 LB Foster stock analysis.
LB Foster Moving Average
Moving averages show the FSTR 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for LB Foster are mostly signals of long term trends and will help long term traders.
LB Foster 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 FSTR stock. The stock price is trading between the average and the lower band in the context of LB Foster bollinger bands.
LB Foster 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 LB Foster MACD indicator can be used to identify bullish and bearish trends for the stock.
LB Foster 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 . If the RSI of FSTR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.