Constellation Brands Technical Analysis (NYSE:STZ)
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 Constellation Brands stock price data and volume are plotted in STZ stock charts and these trading charts form the basis of technical analysis.
See Constellation Brands bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Constellation Brands stock analysis that does not care for the fair value of a company but uses price and volume data only.
Constellation Brands Moving Average
Moving averages show the average price of STZ stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $217.05 is below the price of $219.45.
Constellation Brands Bollinger Bands
Bollinger bands comprise of a center line usually STZ SMA, and two STZ 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. The stock price is trading between the average and the upper band in the context of Constellation Brands bollinger bands.
Constellation Brands 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 Constellation Brands MACD line is below the signal line.
Constellation Brands 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. 48.2 is the RSI value of STZ stock.