LIN Media Technical Analysis (NYSE:LIN)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. When a chart pattern that can predict future LIN Media stock price movements is formed, the LIN stock chart can become a key tool for a technical analyst.
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 LIN Media. The technical analysis form of LIN Media stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
LIN Media Moving Average:
Moving averages help predict the price direction of LIN stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. Moving averages can be used for LIN trend identification. A rising moving average shows that stock prices are generally increasing.
LIN Media Bollinger Bands:
Bollinger bands comprise of a center line usually LIN SMA, and two LIN stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $25 is in the lower range of LIN Media bollinger bands.
LIN Media 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 LIN Media MACD indicator is above 0 indicating a bullish trend.
LIN Media 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. If the RSI of LIN stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .