Korea Fund Technical Analysis (NYSE:KF)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. Just by looking at the Korea Fund 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 KF Chart which creates a trading signal.
See Korea Fund 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 Price movements for this form of Korea Fund Analysis.
Korea Fund Moving Average
Moving averages help predict the price direction of KF stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Korea Fund are mostly signals of long term trends and will help long term traders.
Korea Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Korea Fund. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the Price of $37.15 is in the lower range of Korea Fund bollinger bands.
Korea Fund 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 Prices will go up. The Korea Fund MACD line is below the signal line.
Korea Fund 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. The relative strength index of KF stock is 36.11.