Snyder's-Lance Technical Analysis (NASDAQ:LNCE)
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. Just by looking at the Snyder's-Lance 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 LNCE 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 Snyder's-Lance. 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 Snyder's-Lance stock analysis.
Snyder's-Lance Moving Average
Moving averages show the average price of LNCE stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $49.94 is below the price of $49.97.
Snyder's-Lance Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Snyder's-Lance. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Snyder's-Lance bollinger bands show that the stock price is $49.97, upper band is 50.01, lower band is 49.87, and the average is 49.94.
Snyder's-Lance Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Snyder's-Lance MACD indicator is below 0 indicating a bearish trend.
Snyder's-Lance 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 . 56 is the RSI value of LNCE stock.