L S Starrett Technical Analysis (NYSE:SCX)
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 L S Starrett stock price data and volume are plotted in SCX stock charts and these trading charts form the basis of technical analysis.
See L S Starrett bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of L S Starrett stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
L S Starrett Moving Average
Moving averages show the average price of SCX stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for L S Starrett are mostly signals of long term trends and will help long term traders.
L S Starrett Bollinger Bands
Bollinger bands comprise of a center line usually SCX SMA, and two SCX 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. L S Starrett bollinger bands show that the stock price is $8.35, upper band is 8.44, lower band is 7.96, and the average is 8.2.
L S Starrett 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 L S Starrett MACD indicator can be used to identify bullish and bearish trends for the stock.
L S Starrett Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 54.28 is the RSI value of SCX stock.