Landec Technical Analysis (NASDAQ:LNDC)
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 Landec stock price data and volume are plotted in LNDC stock charts and these trading charts form the basis of technical analysis.
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 Landec. The technical analysis form of Landec stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Landec Moving Average
Moving averages show the LNDC 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $13.66 is below the price of $13.75.
Landec Bollinger Bands
Bollinger bands comprise of a center line usually LNDC SMA, and two LNDC stock price bands above and below it. The stock is considered overbought 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 $13.75 is in the upper range of Landec bollinger bands.
Landec 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 Landec MACD indicator can be used to identify bullish and bearish trends for the stock.
Landec 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 LNDC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.