Reynolds American Technical Analysis (NYSE:RAI)
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 Reynolds American stock price data and volume are plotted in RAI 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 Reynolds American. The technical analysis form of Reynolds American stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Reynolds American Moving Average
Moving averages show the RAI 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $65.16 is below the price of $65.4.
Reynolds American Bollinger Bands
Bollinger bands comprise of a center line usually RAI SMA, and two RAI 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. Reynolds American bollinger bands show that the stock price is $65.4, upper band is 66.54, lower band is 63.78, and the average is 65.16.
Reynolds American 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 Reynolds American MACD indicator can be used to identify bullish and bearish trends for the stock.
Reynolds American Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of RAI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.