iShares MSCI Turkey Index Fund Technical Analysis (NASDAQ:TUR)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The iShares MSCI Turkey Index Fund Price data and volume are plotted in TUR Charts and these trading charts form the basis of technical analysis.
See iShares MSCI Turkey Index Fund bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of iShares MSCI Turkey Index Fund Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
iShares MSCI Turkey Index Fund Moving Average
Moving averages show the TUR Price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $28.8 is above the last closing price of $27.97 and the 50 day moving average of $30.73 is above the last closing price of $27.97. The 10 and 20 day periods can predict short term moving average trends.
iShares MSCI Turkey Index Fund 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 TUR stock. iShares MSCI Turkey Index Fund bollinger bands show that the Price is $27.97, upper band is 31.68, lower band is 25.92, and the average is 28.8.
iShares MSCI Turkey Index Fund Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the Price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current Price trend could come to an end, when the Price diverges from MACD. The iShares MSCI Turkey Index Fund MACD indicator can be used to identify bullish and bearish trends for the stock.
iShares MSCI Turkey Index Fund Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in Price movements . If the RSI of TUR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.