US Foods Holding Technical Analysis (NYSE:USFD)
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. The USFD stock chart pattern can give those who understand technical analysis an indication of which way USFD stock is headed, but cannot predict with 100% certainty as to what can happen to the US Foods Holding stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for US Foods Holding. The technical analysis form of US Foods Holding stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
US Foods Holding Moving Average
Moving averages show the USFD stock 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 $34.43 is below the last closing price of $35.63 and the 50 day moving average of $34 is below the last closing price of $35.63. The 10 and 20 day periods can predict short term moving average trends.
US Foods Holding 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 USFD stock. Currently the stock price of $35.63 is in the upper range of US Foods Holding bollinger bands.
US Foods Holding 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 US Foods Holding MACD indicator can be used to identify bullish and bearish trends for the stock.
US Foods Holding Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 64.34 is the RSI value of USFD stock.