Value Line Technical Analysis (NASDAQ:VALU)
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 Value Line stock price data and volume are plotted in VALU stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Value Line. The technical analysis form of Value Line stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Value Line Moving Average
Moving averages help predict the price direction of VALU stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $22.61 is below the last closing price of $23.89 and the 50 day moving average of $22.15 is below the last closing price of $23.89. The 10 and 20 day periods can predict short term moving average trends.
Value Line 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 VALU stock. Value Line bollinger bands show that the stock price is $23.89, upper band is 24.13, lower band is 21.1, and the average is 22.61.
Value Line 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 Value Line MACD indicator can be used to identify bullish and bearish trends for the stock.
Value Line Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 52.48 is the RSI value of VALU stock.