Monogram Residential Trust Technical Analysis (NYSE:MORE)
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 Monogram Residential Trust stock price data and volume are plotted in MORE 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 Monogram Residential Trust. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Monogram Residential Trust stock analysis.
Monogram Residential Trust Moving Average
Moving averages show the MORE 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Monogram Residential Trust are mostly signals of long term trends and will help long term traders.
Monogram Residential Trust Bollinger Bands
Bollinger bands comprise of a center line usually MORE SMA, and two MORE 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 $11.99 is in the upper range of Monogram Residential Trust bollinger bands.
Monogram Residential Trust 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 Monogram Residential Trust MACD line is above the signal line.
Monogram Residential Trust 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 MORE stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.