Smart & Final Stores Technical Analysis (NYSE:SFS)
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. Just by looking at the Smart & Final Stores 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 SFS stock chart which creates a trading signal.
See Smart & Final Stores bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Smart & Final Stores stock analysis that does not care for the fair value of a company but uses price and volume data only.
Smart & Final Stores Moving Average
Moving averages show the SFS 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. The 20 day moving average of $7.08 is above the last closing price of $6.15 and the 50 day moving average of $8.19 is above the last closing price of $6.15. The 10 and 20 day periods can predict short term moving average trends.
Smart & Final Stores Bollinger Bands
Bollinger bands comprise of a center line usually SFS SMA, and two SFS 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. Smart & Final Stores bollinger bands show that the stock price is $6.15, upper band is 8.18, lower band is 5.97, and the average is 7.08.
Smart & Final Stores 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 Smart & Final Stores MACD line is above the signal line.
Smart & Final Stores Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of SFS stock is 40.24.