Ingredion Technical Analysis (NYSE:INGR)
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 INGR stock chart pattern can give those who understand technical analysis an indication of which way INGR stock is headed, but cannot predict with 100% certainty as to what can happen to the Ingredion stock price.
See Ingredion bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Ingredion stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Ingredion Moving Average
Moving averages show the average price of INGR stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $99.12 is below the price of $101.74.
Ingredion Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Ingredion. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Ingredion bollinger bands show that the stock price is $101.74, upper band is 102.86, lower band is 95.37, and the average is 99.12.
Ingredion 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 Ingredion MACD line is below the signal line.
Ingredion Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 54.61 is the RSI value of INGR stock.