KBR Technical Analysis (NYSE:KBR)
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. When a chart pattern that can predict future KBR stock price movements is formed, the KBR stock chart can become a key tool for a technical analyst.
See KBR 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 KBR stock analysis.
KBR Moving Average:
Moving averages show the average price of KBR 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 $16.9 is below the last closing price of $17.84 and the 50 day moving average of $16.08 is below the $17.84 price. The 10 and 20 day periods can predict short term moving average trends.
KBR Bollinger Bands:
Bollinger bands comprise of a center line usually KBR SMA, and two KBR stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. KBR bollinger bands show that the stock price is $17.84, upper band is 28.87, lower band is 25.82, and the average is 27.34.
KBR Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The KBR MACD indicator is above 0 indicating a bullish trend.
KBR Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of KBR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .