Lear Technical Analysis (NYSE:LEA)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. A LEA stock chart pattern can give those who understand technical analysis an indication of which way LEA stock is headed, but cannot predict with 100% certainty as to what can happen to the Lear stock price.
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 Lear. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Lear stock analysis.
Lear Moving Average:
Moving averages help predict the price direction of LEA stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $136.57 is below the price of $139.05.
Lear Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Lear stock price relative to previous trades. Lear bollinger bands show that the stock price is $139.05, upper band is 34.22, lower band is 30.08, and the average is 32.15.
Lear 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 Lear MACD indicator can be used to identify bullish and bearish trends for the stock.
Lear Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. If the RSI of LEA stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .