Brasilagro Technical Analysis (NYSE:LND)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Brasilagro 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 LND 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 Brasilagro. The technical analysis form of Brasilagro stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Brasilagro Moving Average
Moving averages show the LND stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $3.48 is above the last closing price of $3.42 and the 50 day moving average of $3.6 is above the last closing price of $3.42. The 10 and 20 day periods can predict short term moving average trends.
Brasilagro Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Brasilagro. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $3.42 is in the lower range of Brasilagro bollinger bands.
Brasilagro 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 Brasilagro MACD line is above the signal line.
Brasilagro 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 . If the RSI of LND stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.