Kadant Technical Analysis (NYSE:KAI)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The KAI stock chart pattern can give those who understand technical analysis an indication of which way KAI stock is headed, but cannot predict with 100% certainty as to what can happen to the Kadant stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Kadant. 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 Kadant stock analysis.
Kadant Moving Average
Moving averages show the KAI stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Kadant are mostly signals of long term trends and will help long term traders.
Kadant Bollinger Bands
Bollinger bands comprise of a center line usually KAI SMA, and two KAI stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of Kadant bollinger bands.
Kadant 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 Kadant MACD indicator is below 0 indicating a bearish trend.
Kadant 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 . 75.81 is the RSI value of KAI stock.