Scudder Global High Income Fund Technical Analysis (NYSE:LBF)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Scudder Global High Income 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 LBF Chart which creates a trading signal.
See Scudder Global High Income Fund bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Scudder Global High Income Fund Analysis that does not care for the fair value of a company but uses price and volume data only.
Scudder Global High Income Fund Moving Average
Moving averages show the LBF Price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $8.78 is below the last closing price of $8.82 and the 50 day moving average of $8.76 is below the last closing price of $8.82. The 10 and 20 day periods can predict short term moving average trends.
Scudder Global High Income Fund Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the LBF stock. The Price is trading between the average and the upper band in the context of Scudder Global High Income Fund bollinger bands.
Scudder Global High Income Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The Scudder Global High Income Fund MACD line is below the signal line.
Scudder Global High Income Fund Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . The relative strength index of LBF stock is 69.23.