Hasbro Technical Analysis (NASDAQ:HAS)
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. Just by looking at the Hasbro 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 HAS stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Hasbro. Technical analysis uses an approach for Hasbro stock analysis that does not care for the fair value of a company but uses price and volume data only.
Hasbro Moving Average
Moving averages help predict the price direction of HAS 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 $99.06 is above the last closing price of $98.71 and the 50 day moving average of $95.21 is below the last closing price of $98.71. The 10 and 20 day periods can predict short term moving average trends.
Hasbro Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Hasbro. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Hasbro bollinger bands show that the stock price is $98.71, upper band is 104.16, lower band is 93.96, and the average is 99.06.
Hasbro 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 Hasbro MACD indicator can be used to identify bullish and bearish trends for the stock.
Hasbro Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 37.63 is the RSI value of HAS stock.