Jones Lang LaSalle Technical Analysis (NYSE:JLL)
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 JLL stock chart pattern can give those who understand technical analysis an indication of which way JLL stock is headed, but cannot predict with 100% certainty as to what can happen to the Jones Lang LaSalle stock price.
See Jones Lang LaSalle bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Jones Lang LaSalle stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Jones Lang LaSalle Moving Average
Moving averages help predict the price direction of JLL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Jones Lang LaSalle are mostly signals of long term trends and will help long term traders.
Jones Lang LaSalle 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 JLL stock. The stock price is trading between the average and the lower band in the context of Jones Lang LaSalle bollinger bands.
Jones Lang LaSalle 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 Jones Lang LaSalle MACD line is below the signal line.
Jones Lang LaSalle Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of JLL stock is 50.42.