Western Asset Corp Technical Analysis (NYSE:TLI)
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. Just by looking at the Western Asset Corp 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 TLI 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 Western Asset Corp. The technical analysis form of Western Asset Corp Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Western Asset Corp Moving Average
Moving averages show the average price of TLI 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 $10.45 is above the price of $10.43.
Western Asset Corp Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the TLI stock. Currently the Price of $10.43 is in the lower range of Western Asset Corp bollinger bands.
Western Asset Corp Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the Price trend, as the indicator is useful in understanding the strength, direction and momentum of the Price. The Western Asset Corp MACD line is above the signal line.
Western Asset Corp 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. 45.61 is the RSI value of TLI stock.