Ryland Technical Analysis (NYSE:RYL)
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. Just by looking at the Ryland stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the RYL stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Ryland. 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 Ryland stock analysis.
Ryland Moving Average
Moving averages help predict the price direction of RYL 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 $43.55 is above the price of $40.83.
Ryland 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 RYL stock. Currently the stock price of $40.83 is in the lower range of Ryland bollinger bands.
Ryland 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 Ryland MACD indicator is below 0 indicating a bearish trend.
Ryland 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 RYL stock is 34.06.