Scripps Networks Interactive Technical Analysis (NASDAQ:SNI)
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. Just by looking at the Scripps Networks Interactive 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 SNI stock chart which creates a trading signal.
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 Scripps Networks Interactive. Technical analysis uses an approach for Scripps Networks Interactive stock analysis that does not care for the fair value of a company but uses price and volume data only.
Scripps Networks Interactive Moving Average
Moving averages show the average price of SNI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $87.78 is below the last closing price of $87.81 and the 50 day moving average of $86.14 is below the last closing price of $87.81. The 10 and 20 day periods can predict short term moving average trends.
Scripps Networks Interactive Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Scripps Networks Interactive. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Scripps Networks Interactive bollinger bands.
Scripps Networks Interactive 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 Scripps Networks Interactive MACD indicator can be used to identify bullish and bearish trends for the stock.
Scripps Networks Interactive 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 SNI stock is 46.