Latin American Discovery Fund Technical Analysis (NYSE:LDF)
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. The Latin American Discovery Fund Price data and volume are plotted in LDF Charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Latin American Discovery Fund. 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 Latin American Discovery Fund Analysis.
Latin American Discovery Fund Moving Average
Moving averages help predict the price direction of LDF stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $10.69 is below the last closing price of $10.85 and the 50 day moving average of $10.62 is below the last closing price of $10.85. The 10 and 20 day periods can predict short term moving average trends.
Latin American Discovery Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Latin American Discovery Fund. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The Price is trading between the average and the upper band in the context of Latin American Discovery Fund bollinger bands.
Latin American Discovery Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the Price trend, as the indicator is useful in understanding the strength, direction and momentum of the Price. The Latin American Discovery Fund MACD line is below the signal line.
Latin American Discovery 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 LDF stock is 48.92.