KCG Holdings Technical Analysis (NYSE:KCG)
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. Just by looking at the KCG Holdings stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the KCG stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for KCG Holdings. Technical analysis uses an approach for KCG Holdings stock analysis that does not care for the fair value of a company but uses price and volume data only.
KCG Holdings Moving Average
Moving averages show the average price of KCG 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 $19.95 is below the last closing price of $20 and the 50 day moving average of $19.9 is below the last closing price of $20. The 10 and 20 day periods can predict short term moving average trends.
KCG Holdings Bollinger Bands
Bollinger bands comprise of a center line usually KCG SMA, and two KCG 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. KCG Holdings bollinger bands show that the stock price is $20, upper band is 20.01, lower band is 19.9, and the average is 19.95.
KCG Holdings Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The KCG Holdings MACD indicator is below 0 indicating a bearish trend.
KCG Holdings Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of KCG stock is 65.