The Fresh Market Technical Analysis (NASDAQ:TFM)

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$28.51 $0.02 (0.07%) TFM stock closing price Apr 27, 2016 (Closing)

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 The Fresh Market 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 TFM stock chart which creates a trading signal.

View technical indicators like moving averages - SMA and EMA, and bollinger bands for The Fresh Market. The technical analysis form of The Fresh Market stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.

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The Fresh Market Moving Average

Moving averages show the average price of TFM stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $28.47 is below the price of $28.51.

The Fresh Market Bollinger Bands

Bollinger bands comprise of a center line usually TFM SMA, and two TFM stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of The Fresh Market bollinger bands.

The Fresh Market 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 stock prices will go up. The The Fresh Market MACD indicator is above 0 indicating a bullish trend.

The Fresh Market Relative Strength Index

The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 60.58 is the RSI value of TFM stock.