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. When a chart pattern that can predict future Teledyne Technologies stock price movements is formed, the TDY stock chart can become a key tool for a technical analyst.
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. The technical analysis form of Teledyne Technologies stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Teledyne Technologies Moving Average:
Moving averages help predict the price direction of TDY stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer TDY stock price movement for the moving average to change course.
Teledyne Technologies Bollinger Bands:
Bollinger bands comprise of a center line usually TDY SMA, and two TDY stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $137.41 is in the lower range of Teledyne Technologies bollinger bands.
Teledyne Technologies 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 Teledyne Technologies MACD indicator can be used to identify bullish and bearish trends for the stock.
Teledyne Technologies 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. The relative strength index of TDY stock is 67.13. .