Waddell & Reed Financial Technical Analysis (NYSE:WDR)
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 WDR stock chart pattern can give those who understand technical analysis an indication of which way WDR stock is headed, but cannot predict with 100% certainty as to what can happen to the Waddell & Reed Financial stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Waddell & Reed Financial. Technical analysis uses an approach for Waddell & Reed Financial stock analysis that does not care for the fair value of a company but uses price and volume data only.
Waddell & Reed Financial Moving Average
Moving averages show the average price of WDR stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Waddell & Reed Financial are mostly signals of long term trends and will help long term traders.
Waddell & Reed Financial Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Waddell & Reed Financial. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Waddell & Reed Financial bollinger bands show that the stock price is $20.58, upper band is 21.37, lower band is 18.69, and the average is 20.03.
Waddell & Reed Financial Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Waddell & Reed Financial MACD line is below the signal line.
Waddell & Reed Financial 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 WDR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.