Lions Gate Entertainment Technical Analysis (NYSE:LGF.A)
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 LGF.A stock chart pattern can give those who understand technical analysis an indication of which way LGF.A stock is headed, but cannot predict with 100% certainty as to what can happen to the Lions Gate Entertainment stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Lions Gate Entertainment. Technical analysis uses an approach for Lions Gate Entertainment stock analysis that does not care for the fair value of a company but uses price and volume data only.
Lions Gate Entertainment Moving Average
Moving averages show the average price of LGF.A 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 $25.74 is above the last closing price of $25.35 and the 50 day moving average of $24.6 is below the last closing price of $25.35. The 10 and 20 day periods can predict short term moving average trends.
Lions Gate Entertainment Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Lions Gate Entertainment. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Lions Gate Entertainment bollinger bands show that the stock price is $25.35, upper band is 27.19, lower band is 24.29, and the average is 25.74.
Lions Gate Entertainment 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 Lions Gate Entertainment MACD line is above the signal line.
Lions Gate Entertainment 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 LGF.A stock is 46.59.