VIRTUS TTL RTRN Technical Analysis (NYSE:ZF)
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. Just by looking at the VIRTUS TTL RTRN stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the ZF stock chart which creates a trading signal.
See VIRTUS TTL RTRN bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of VIRTUS TTL RTRN stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
VIRTUS TTL RTRN Moving Average
Moving averages show the ZF 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 $10.69 is above the last closing price of $10.65 and the 50 day moving average of $10.8 is above the last closing price of $10.65. The 10 and 20 day periods can predict short term moving average trends.
VIRTUS TTL RTRN Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like VIRTUS TTL RTRN. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of VIRTUS TTL RTRN bollinger bands.
VIRTUS TTL RTRN 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 VIRTUS TTL RTRN MACD line is below the signal line.
VIRTUS TTL RTRN 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. If the RSI of ZF stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.