Leidos Technical Analysis (NYSE:LDOS)
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 LDOS stock chart pattern can give those who understand technical analysis an indication of which way LDOS stock is headed, but cannot predict with 100% certainty as to what can happen to the Leidos stock price.
See Leidos bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Leidos stock analysis that does not care for the fair value of a company but uses price and volume data only.
Leidos Moving Average
Moving averages show the average price of LDOS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $70.37 is above the last closing price of $69.76 and the 50 day moving average of $69 is below the last closing price of $69.76. The 10 and 20 day periods can predict short term moving average trends.
Leidos Bollinger Bands
Bollinger bands comprise of a center line usually LDOS SMA, and two LDOS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the lower band in the context of Leidos bollinger bands.
Leidos Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Leidos MACD line is below the signal line.
Leidos 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. 43.43 is the RSI value of LDOS stock.