News Corp -A Technical Analysis (NASDAQ:NWSA)
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. The NWSA stock chart pattern can give those who understand technical analysis an indication of which way NWSA stock is headed, but cannot predict with 100% certainty as to what can happen to the News Corp -A stock price.
See News Corp -A bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for News Corp -A stock analysis that does not care for the fair value of a company but uses price and volume data only.
News Corp -A Moving Average
Moving averages show the average price of NWSA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $15.79 is below the last closing price of $16.19 and the 50 day moving average of $16.05 is below the last closing price of $16.19. The 10 and 20 day periods can predict short term moving average trends.
News Corp -A Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like News Corp -A. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. News Corp -A bollinger bands show that the stock price is $16.19, upper band is 16.26, lower band is 15.31, and the average is 15.79.
News Corp -A 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 News Corp -A MACD indicator is above 0 indicating a bullish trend.
News Corp -A 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 NWSA stock is 57.65.