Journal Communications Technical Analysis (NYSE:JRN)
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 JRN stock chart pattern can give those who understand technical analysis an indication of which way JRN stock is headed, but cannot predict with 100% certainty as to what can happen to the Journal Communications stock price.
See Journal Communications bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Journal Communications stock analysis.
Journal Communications Moving Average
Moving averages show the average price of JRN 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 $13.36 is below the price of $14.82.
Journal Communications 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 JRN stock. Journal Communications bollinger bands show that the stock price is $14.82, upper band is 15.1, lower band is 11.61, and the average is 13.36.
Journal Communications 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 Journal Communications MACD indicator is below 0 indicating a bearish trend.
Journal Communications 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 . The relative strength index of JRN stock is 87.12.