Kimball Technical Analysis (NASDAQ:KBAL)
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 Kimball stock price data and volume are plotted in KBAL stock charts and these trading charts form the basis of technical analysis.
See Kimball bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Kimball stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Kimball Moving Average
Moving averages help predict the price direction of KBAL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $16.53 is below the price of $17.77.
Kimball 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 KBAL stock. Currently the stock price of $17.77 is in the upper range of Kimball bollinger bands.
Kimball 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 Kimball MACD indicator is above 0 indicating a bullish trend.
Kimball 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. 84.96 is the RSI value of KBAL stock.