SuperValu Technical Analysis (NYSE:SVU)
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 SVU stock chart pattern can give those who understand technical analysis an indication of which way SVU stock is headed, but cannot predict with 100% certainty as to what can happen to the SuperValu stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for SuperValu. Technical analysis uses an approach for SuperValu stock analysis that does not care for the fair value of a company but uses price and volume data only.
SuperValu Moving Average
Moving averages help predict the price direction of SVU 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 $19.8 is below the last closing price of $21.23 and the 50 day moving average of $17.64 is below the last closing price of $21.23. The 10 and 20 day periods can predict short term moving average trends.
SuperValu Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the SVU stock. Currently the stock price of $21.23 is in the upper range of SuperValu bollinger bands.
SuperValu 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 SuperValu MACD indicator is below 0 indicating a bearish trend.
SuperValu Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 68.23 is the RSI value of SVU stock.