J & J Snack Foods Technical Analysis (NASDAQ:JJSF)
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 J & J Snack Foods stock price data and volume are plotted in JJSF stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for J & J Snack Foods. Technical analysis uses an approach for J & J Snack Foods stock analysis that does not care for the fair value of a company but uses price and volume data only.
J & J Snack Foods Moving Average
Moving averages show the average price of JJSF 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 $137.59 is above the price of $133.82.
J & J Snack Foods Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like J & J Snack Foods. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $133.82 is in the lower range of J & J Snack Foods bollinger bands.
J & J Snack Foods 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 J & J Snack Foods MACD line is below the signal line.
J & J Snack Foods 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 . If the RSI of JJSF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.