Medley Management Technical Analysis (NYSE:MDLY)
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 Medley Management 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 MDLY stock chart which creates a trading signal.
See Medley Management bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Medley Management stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Medley Management Moving Average
Moving averages help predict the price direction of MDLY 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 $4.15 is below the price of $5.45.
Medley Management Bollinger Bands
Bollinger bands comprise of a center line usually MDLY SMA, and two MDLY 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. Medley Management bollinger bands show that the stock price is $5.45, upper band is 5.69, lower band is 2.62, and the average is 4.15.
Medley Management 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 Medley Management MACD line is below the signal line.
Medley Management 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 . The relative strength index of MDLY stock is 77.42.