Vornado Realty Technical Analysis (NYSE:VNO)
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 Vornado Realty stock price data and volume are plotted in VNO 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 Vornado Realty. The technical analysis form of Vornado Realty stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Vornado Realty Moving Average
Moving averages show the VNO 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 $72.15 is above the last closing price of $67.46 and the 50 day moving average of $74.01 is above the last closing price of $67.46. The 10 and 20 day periods can predict short term moving average trends.
Vornado Realty Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Vornado Realty. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $67.46 is in the lower range of Vornado Realty bollinger bands.
Vornado Realty 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 Vornado Realty MACD indicator is above 0 indicating a bullish trend.
Vornado Realty 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 . If the RSI of VNO stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.