Royce Focus Trust Technical Analysis (NASDAQ:FUND)
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 FUND Chart pattern can give those who understand technical analysis an indication of which way FUND stock is headed, but cannot predict with 100% certainty as to what can happen to the Royce Focus Trust Price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Royce Focus Trust. The technical analysis form of Royce Focus Trust Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Royce Focus Trust Moving Average
Moving averages help predict the price direction of FUND stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $7.82 is below the last closing price of $7.83 and the 50 day moving average of $7.93 is above the last closing price of $7.83. The 10 and 20 day periods can predict short term moving average trends.
Royce Focus Trust 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 FUND stock. The Price is trading between the average and the upper band in the context of Royce Focus Trust bollinger bands.
Royce Focus Trust Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the Prices will go up. The Royce Focus Trust MACD line is above the signal line.
Royce Focus Trust Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 61.7 is the RSI value of FUND stock.