HollyFrontier Technical Analysis (NYSE:HFC)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The 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.
See HollyFrontier bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for HollyFrontier stock analysis that does not care for the fair value of a company but uses price and volume data only.
HollyFrontier Moving Average
Moving averages show the HFC 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 HollyFrontier are mostly signals of long term trends and will help long term traders.
HollyFrontier 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 HFC stock. Currently the stock price of $45 is in the lower range of HollyFrontier bollinger bands.
HollyFrontier 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 HollyFrontier MACD indicator is below 0 indicating a bearish trend.
HollyFrontier 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 HFC stock is 43.68.