Monsanto Technical Analysis (NYSE:MON)
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. The MON stock chart pattern can give those who understand technical analysis an indication of which way MON stock is headed, but cannot predict with 100% certainty as to what can happen to the Monsanto stock price.
See Monsanto bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Monsanto stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Monsanto Moving Average
Moving averages show the MON 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 $126.2 is below the last closing price of $127.95 and the 50 day moving average of $124.27 is below the last closing price of $127.95. The 10 and 20 day periods can predict short term moving average trends.
Monsanto Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the MON stock. The stock price is trading between the average and the upper band in the context of Monsanto bollinger bands.
Monsanto 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 Monsanto MACD indicator is below 0 indicating a bearish trend.
Monsanto 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. The relative strength index of MON stock is 83.11.