Raymond James Financial Technical Analysis (NYSE:RJF)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Raymond James Financial stock price data and volume are plotted in RJF stock charts and these trading charts form the basis of technical analysis.
See Raymond James Financial bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Raymond James Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
Raymond James Financial Moving Average
Moving averages help predict the price direction of RJF stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $92.28 is above the price of $91.36.
Raymond James Financial Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Raymond James Financial. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Raymond James Financial bollinger bands show that the stock price is $91.36, upper band is 96.79, lower band is 87.77, and the average is 92.28.
Raymond James Financial 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 Raymond James Financial MACD indicator is above 0 indicating a bullish trend.
Raymond James Financial 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 RJF stock is 41.96.