LIN Media Technical Analysis (NYSE:LIN)
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. Just by looking at the LIN Media 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 LIN stock chart which creates a trading signal.
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. Technical analysis uses an approach for LIN Media stock analysis that does not care for the fair value of a company but uses price and volume data only.
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. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for LIN Media are mostly signals of long term trends and will help long term traders.
LIN Media Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like LIN Media. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of LIN Media bollinger bands.
LIN Media 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 LIN Media MACD indicator can be used to identify bullish and bearish trends for the stock.
LIN Media Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 61.45 is the RSI value of LIN stock.