Michael Kors Technical Analysis (NYSE:KORS)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Michael Kors stock price data and volume are plotted in KORS stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Michael Kors. Technical analysis uses an approach for Michael Kors stock analysis that does not care for the fair value of a company but uses price and volume data only.
Michael Kors Moving Average
Moving averages help predict the price direction of KORS 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 Michael Kors are mostly signals of long term trends and will help long term traders.
Michael Kors Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Michael Kors. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Michael Kors bollinger bands show that the stock price is $61.15, upper band is 64.58, lower band is 60.02, and the average is 62.3.
Michael Kors 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 Michael Kors MACD indicator is above 0 indicating a bullish trend.
Michael Kors Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of KORS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.