Cedar Fair Technical Analysis (NYSE:FUN)
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. Just by looking at the Cedar Fair stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the FUN stock chart which creates a trading signal.
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 Cedar Fair. Technical analysis uses an approach for Cedar Fair stock analysis that does not care for the fair value of a company but uses price and volume data only.
Cedar Fair Moving Average
Moving averages show the average price of FUN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Cedar Fair are mostly signals of long term trends and will help long term traders.
Cedar Fair 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 FUN stock. Cedar Fair bollinger bands show that the stock price is $51.58, upper band is 55.23, lower band is 51.05, and the average is 53.14.
Cedar Fair 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 Cedar Fair MACD indicator is above 0 indicating a bullish trend.
Cedar Fair 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 . The relative strength index of FUN stock is 51.03.