Teledyne Technologies Technical Analysis (NYSE:TDY)
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. Just by looking at the Teledyne Technologies 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 TDY stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Teledyne Technologies. Technical analysis uses an approach for Teledyne Technologies stock analysis that does not care for the fair value of a company but uses price and volume data only.
Teledyne Technologies Moving Average
Moving averages show the average price of TDY stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $224.72 is below the last closing price of $234 and the 50 day moving average of $212.46 is below the last closing price of $234. The 10 and 20 day periods can predict short term moving average trends.
Teledyne Technologies Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Teledyne Technologies. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Teledyne Technologies bollinger bands show that the stock price is $234, upper band is 240.67, lower band is 208.77, and the average is 224.72.
Teledyne Technologies Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Teledyne Technologies MACD line is above the signal line.
Teledyne Technologies 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 . 78.08 is the RSI value of TDY stock.