Moody's Technical Analysis (NYSE:MCO)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. Just by looking at the Moody's 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 MCO stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Moody's. The technical analysis form of Moody's stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Moody's Moving Average:
Moving averages show the MCO stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The 20 day moving average of $130.25 is below the last closing price of $132.02 and the 50 day moving average of $126.49 is below the $132.02 price. The 10 and 20 day periods can predict short term moving average trends.
Moody's Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Moody's stock price relative to previous trades. Moody's bollinger bands show that the stock price is $132.02, upper band is 72.63, lower band is 61, and the average is 66.82.
Moody's 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 Moody's MACD line is above the signal line.
Moody's Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of MCO stock is 61.97. .