Taiwan Fund Technical Analysis (NYSE:TWN)
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 TWN Chart pattern can give those who understand technical analysis an indication of which way TWN stock is headed, but cannot predict with 100% certainty as to what can happen to the Taiwan Fund Price.
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 Taiwan Fund. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use Price movements for this form of Taiwan Fund Analysis.
Taiwan Fund Moving Average
Moving averages show the average price of TWN 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 $20.14 is below the price of $20.23.
Taiwan 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 TWN stock. The Price is trading between the average and the upper band in the context of Taiwan Fund bollinger bands.
Taiwan Fund 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 Taiwan Fund MACD line is below the signal line.
Taiwan Fund Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 45.61 is the RSI value of TWN stock.