Telephone and Data Systems Technical Analysis (NYSE:TDS)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Telephone and Data Systems 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 TDS stock chart which creates a trading signal.
See Telephone and Data Systems 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 Telephone and Data Systems stock analysis.
Telephone and Data Systems Moving Average
Moving averages show the TDS stock 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 20 day moving average of $28.44 is above the last closing price of $27.76 and the 50 day moving average of $27.05 is below the last closing price of $27.76. The 10 and 20 day periods can predict short term moving average trends.
Telephone and Data Systems Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Telephone and Data Systems. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Telephone and Data Systems bollinger bands show that the stock price is $27.76, upper band is 29.76, lower band is 27.11, and the average is 28.44.
Telephone and Data Systems 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 Telephone and Data Systems MACD indicator is below 0 indicating a bearish trend.
Telephone and Data Systems Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 33.73 is the RSI value of TDS stock.