Japan Smaller Cap Fund Technical Analysis (NYSE:JOF)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The Japan Smaller Cap Fund Price data and volume are plotted in JOF Charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Japan Smaller Cap Fund. Technical analysis uses an approach for Japan Smaller Cap Fund Analysis that does not care for the fair value of a company but uses price and volume data only.
Japan Smaller Cap Fund Moving Average
Moving averages help predict the price direction of JOF stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $11.46 is above the last closing price of $11.32 and the 50 day moving average of $11.93 is above the last closing price of $11.32. The 10 and 20 day periods can predict short term moving average trends.
Japan Smaller Cap Fund 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 JOF stock. The Price is trading between the average and the lower band in the context of Japan Smaller Cap Fund bollinger bands.
Japan Smaller Cap Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The Japan Smaller Cap Fund MACD indicator can be used to identify bullish and bearish trends for the stock.
Japan Smaller Cap Fund Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of JOF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.