Willian Lyon Homes Technical Analysis (NYSE:WLH)
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. When a chart pattern that can predict future Willian Lyon Homes stock price movements is formed, the WLH stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Willian Lyon Homes. The technical analysis form of Willian Lyon Homes stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Willian Lyon Homes Moving Average:
Moving averages show the average price of WLH stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer WLH stock price movement for the moving average to change course.
Willian Lyon Homes Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Willian Lyon Homes. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Willian Lyon Homes bollinger bands show that the stock price is $22.11, upper band is 27.1, lower band is 23.57, and the average is 25.33.
Willian Lyon Homes 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 Willian Lyon Homes MACD indicator can be used to identify bullish and bearish trends for the stock.
Willian Lyon Homes Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of WLH stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .