FTD Companies Technical Analysis (NASDAQ:FTD)
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 FTD Companies stock price data and volume are plotted in FTD stock charts and these trading charts form the basis of technical analysis.
See FTD Companies bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of FTD Companies stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
FTD Companies Moving Average
Moving averages show the FTD 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 $4.96 is below the last closing price of $6.25 and the 50 day moving average of $5.29 is below the last closing price of $6.25. The 10 and 20 day periods can predict short term moving average trends.
FTD Companies Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like FTD Companies. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. FTD Companies bollinger bands show that the stock price is $6.25, upper band is 7.06, lower band is 2.86, and the average is 4.96.
FTD Companies Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The FTD Companies MACD indicator can be used to identify bullish and bearish trends for the stock.
FTD Companies Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of FTD stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.