LifeLock Technical Analysis (NYSE:LOCK)
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 LifeLock 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 LOCK 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 LifeLock. The technical analysis form of LifeLock stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
LifeLock Moving Average
Moving averages help predict the price direction of LOCK stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $23.95 is below the price of $23.99.
LifeLock Bollinger Bands
Bollinger bands comprise of a center line usually LOCK SMA, and two LOCK 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 $23.99 is in the upper range of LifeLock bollinger bands.
LifeLock 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 LifeLock MACD indicator is above 0 indicating a bullish trend.
LifeLock 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 LOCK stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.