Lands' End Technical Analysis (NASDAQ:LE)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the Lands' End 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 LE stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Lands' End. The technical analysis form of Lands' End stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Lands' End Moving Average
Moving averages show the average price of LE 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 $19.58 is below the last closing price of $19.85 and the 50 day moving average of $19.98 is above the last closing price of $19.85. The 10 and 20 day periods can predict short term moving average trends.
Lands' End Bollinger Bands
Bollinger bands comprise of a center line usually LE SMA, and two LE 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. Lands' End bollinger bands show that the stock price is $19.85, upper band is 20.38, lower band is 18.77, and the average is 19.58.
Lands' End 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 Lands' End MACD indicator is below 0 indicating a bearish trend.
Lands' End Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of LE stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.