TransUnion Technical Analysis (NYSE:TRU)
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 TransUnion 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 TRU stock chart which creates a trading signal.
See TransUnion bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for TransUnion stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
TransUnion Moving Average:
Moving averages show the average price of TRU 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 $45.93 is below the price of $46.49.
TransUnion 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 TRU stock. Currently the stock price of $46.49 is in the lower range of TransUnion bollinger bands.
TransUnion 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 TransUnion MACD indicator can be used to identify bullish and bearish trends for the stock.
TransUnion 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 . 60.12 is the RSI value of TRU stock. .