Constellation Brands -B Technical Analysis (NYSE:STZ.B)
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 STZ.B stock chart pattern can give those who understand technical analysis an indication of which way STZ.B stock is headed, but cannot predict with 100% certainty as to what can happen to the Constellation Brands -B stock price.
See Constellation Brands -B bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Constellation Brands -B stock analysis.
Constellation Brands -B Moving Average
Moving averages help predict the price direction of STZ.B stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $215.24 is below the last closing price of $216.9 and the 50 day moving average of $219.09 is above the last closing price of $216.9. The 10 and 20 day periods can predict short term moving average trends.
Constellation Brands -B Bollinger Bands
Bollinger bands comprise of a center line usually STZ.B SMA, and two STZ.B 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. Currently the stock price of $216.9 is in the upper range of Constellation Brands -B bollinger bands.
Constellation Brands -B Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Constellation Brands -B MACD indicator is below 0 indicating a bearish trend.
Constellation Brands -B 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 STZ.B stock is 53.12.