L Brands Technical Analysis (NYSE:LB)

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$32.34 $0.28 (0.87%) LB stock closing price Jul 18, 2018 (Closing)

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 L Brands 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 LB stock chart which creates a trading signal.

See L Brands bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of L Brands stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.

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L Brands Moving Average

Moving averages show the average price of LB stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $35.82 is above the price of $32.34.

L Brands Bollinger Bands

Bollinger bands consist of two price bands above and below a center line for any company stock like L Brands. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. L Brands bollinger bands show that the stock price is $32.34, upper band is 39.74, lower band is 31.89, and the average is 35.82.

L Brands 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 L Brands MACD indicator can be used to identify bullish and bearish trends for the stock.

L Brands Relative Strength Index

This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of LB stock is 28.47.