Littelfuse Technical Analysis (NASDAQ:LFUS)
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. The LFUS stock chart pattern can give those who understand technical analysis an indication of which way LFUS stock is headed, but cannot predict with 100% certainty as to what can happen to the Littelfuse 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 Littelfuse. The technical analysis form of Littelfuse stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Littelfuse Moving Average
Moving averages help predict the price direction of LFUS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Littelfuse are mostly signals of long term trends and will help long term traders.
Littelfuse 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 LFUS stock. Littelfuse bollinger bands show that the stock price is $219.09, upper band is 227.57, lower band is 213.81, and the average is 220.69.
Littelfuse 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 Littelfuse MACD line is above the signal line.
Littelfuse 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. 51.21 is the RSI value of LFUS stock.