Franklin Universal Technical Analysis (NYSE:FT)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The Franklin Universal Price data and volume are plotted in FT Charts and these trading charts form the basis of technical analysis.
See Franklin Universal bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use Price movements for this form of Franklin Universal Analysis.
Franklin Universal Moving Average
Moving averages show the average price of FT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $6.76 is below the price of $6.78.
Franklin Universal Bollinger Bands
Bollinger bands comprise of a center line usually FT SMA, and two FT 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 Price moves closer towards the lower band. The Price is trading between the average and the upper band in the context of Franklin Universal bollinger bands.
Franklin Universal Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the Price trend, as the indicator is useful in understanding the strength, direction and momentum of the Price. The Franklin Universal MACD line is above the signal line.
Franklin Universal Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . The relative strength index of FT stock is 56.9.