Principal Financial Group Technical Analysis (NASDAQ:PFG)
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 PFG stock chart pattern can give those who understand technical analysis an indication of which way PFG stock is headed, but cannot predict with 100% certainty as to what can happen to the Principal Financial Group stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Principal Financial Group. The technical analysis form of Principal Financial Group stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Principal Financial Group Moving Average
Moving averages show the average price of PFG stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $55.63 is above the price of $54.41.
Principal Financial Group 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 PFG stock. The stock price is trading between the average and the lower band in the context of Principal Financial Group bollinger bands.
Principal Financial Group 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 Principal Financial Group MACD indicator can be used to identify bullish and bearish trends for the stock.
Principal Financial Group 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 PFG stock is 47.