Templeton Dragon Fund Technical Analysis (NYSE:TDF)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The Templeton Dragon Fund Price data and volume are plotted in TDF Charts and these trading charts form the basis of technical analysis.
See Templeton Dragon Fund bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Templeton Dragon Fund Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Templeton Dragon Fund Moving Average
Moving averages show the TDF 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Templeton Dragon Fund are mostly signals of long term trends and will help long term traders.
Templeton Dragon Fund Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Templeton Dragon Fund. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the Price of $21.74 is in the lower range of Templeton Dragon Fund bollinger bands.
Templeton Dragon Fund 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 Prices will go up. The Templeton Dragon Fund MACD line is above the signal line.
Templeton Dragon Fund Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 47.27 is the RSI value of TDF stock.