Trulia Technical Analysis (NYSE:TRLA2)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the Trulia 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 TRLA2 stock chart which creates a trading signal.
See Trulia bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Trulia stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Trulia Moving Average
Moving averages show the average price of TRLA2 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 $44.58 is below the price of $48.36.
Trulia Bollinger Bands
Bollinger bands comprise of a center line usually TRLA2 SMA, and two TRLA2 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. Currently the stock price of $48.36 is in the upper range of Trulia bollinger bands.
Trulia 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 Trulia MACD indicator can be used to identify bullish and bearish trends for the stock.
Trulia Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of TRLA2 stock is 61.99.