Jos. A. Bank Clothiers Technical Analysis (NASDAQ:JOSB)
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 Jos. A. Bank Clothiers stock price data and volume are plotted in JOSB 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 Jos. A. Bank Clothiers. Technical analysis uses an approach for Jos. A. Bank Clothiers stock analysis that does not care for the fair value of a company but uses price and volume data only.
Jos. A. Bank Clothiers Moving Average
Moving averages show the average price of JOSB stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $64.78 is below the last closing price of $64.98 and the 50 day moving average of $64.62 is below the last closing price of $64.98. The 10 and 20 day periods can predict short term moving average trends.
Jos. A. Bank Clothiers 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 JOSB stock. The stock price is trading between the average and the upper band in the context of Jos. A. Bank Clothiers bollinger bands.
Jos. A. Bank Clothiers 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 Jos. A. Bank Clothiers MACD line is above the signal line.
Jos. A. Bank Clothiers 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. If the RSI of JOSB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.