Liberty Media Technical Analysis (NASDAQ:FWONA)
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 Liberty Media stock price data and volume are plotted in FWONA stock charts and these trading charts form the basis of technical analysis.
See Liberty Media bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Liberty Media stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Liberty Media Moving Average
Moving averages show the FWONA 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 $34.01 is below the last closing price of $34.17 and the 50 day moving average of $33.76 is below the last closing price of $34.17. The 10 and 20 day periods can predict short term moving average trends.
Liberty Media 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 FWONA stock. The stock price is trading between the average and the upper band in the context of Liberty Media bollinger bands.
Liberty Media 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 Liberty Media MACD line is below the signal line.
Liberty Media Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of FWONA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.