Terreno Realty Technical Analysis (NYSE:TRNO)
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. The TRNO stock chart pattern can give those who understand technical analysis an indication of which way TRNO stock is headed, but cannot predict with 100% certainty as to what can happen to the Terreno Realty stock price.
See Terreno Realty bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Terreno Realty stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Terreno Realty Moving Average
Moving averages show the average price of TRNO 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 $37.68 is above the price of $37.59.
Terreno Realty Bollinger Bands
Bollinger bands comprise of a center line usually TRNO SMA, and two TRNO 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. Terreno Realty bollinger bands show that the stock price is $37.59, upper band is 38.49, lower band is 36.87, and the average is 37.68.
Terreno Realty 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 Terreno Realty MACD line is above the signal line.
Terreno Realty 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 . The relative strength index of TRNO stock is 31.94.