Griffin Industrial Realty Technical Analysis (NASDAQ:GRIF)
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 GRIF stock chart pattern can give those who understand technical analysis an indication of which way GRIF stock is headed, but cannot predict with 100% certainty as to what can happen to the Griffin Industrial Realty stock price.
See Griffin Industrial Realty bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Griffin Industrial Realty stock analysis that does not care for the fair value of a company but uses price and volume data only.
Griffin Industrial Realty Moving Average
Moving averages show the GRIF 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Griffin Industrial Realty are mostly signals of long term trends and will help long term traders.
Griffin Industrial Realty 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 GRIF stock. Currently the stock price of $44.1 is in the upper range of Griffin Industrial Realty bollinger bands.
Griffin Industrial Realty 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 stock prices will go up. The Griffin Industrial Realty MACD indicator can be used to identify bullish and bearish trends for the stock.
Griffin Industrial Realty Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of GRIF stock is 71.54.