HollyFrontier Technical Analysis (NYSE:HFC)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. A HFC stock chart pattern can give those who understand technical analysis an indication of which way HFC stock is headed, but cannot predict with 100% certainty as to what can happen to the HollyFrontier stock price.
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 HollyFrontier. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of HollyFrontier stock analysis.
HollyFrontier Moving Average:
HFC stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of HollyFrontier chart patterns after the calculations remain the same. The 100 day moving average of 27.25 is below the last closing price of 27.66. The 20 day moving average of $28.91 is above the last closing price of $27.66 and the 50 day moving average of $27.69 is above the $27.66 price. The 10 and 20 day periods can predict short term moving average trends.
HollyFrontier Bollinger Bands:
Bollinger bands comprise of a center line usually HFC SMA, and two HFC stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. HollyFrontier bollinger bands show that the stock price is $27.66, upper band is 28.28, lower band is 26.08, and the average is 27.18.
HollyFrontier 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 HollyFrontier MACD indicator can be used to identify bullish and bearish trends for the stock.
HollyFrontier Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 40.42 is the RSI value of HFC stock. .