Esterline Technologies Technical Analysis (NYSE:ESL)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. The Esterline Technologies stock price data and volume are plotted in ESL stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Esterline Technologies. Technical analysis uses an approach for Esterline Technologies stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Esterline Technologies Moving Average:
Moving averages show the ESL stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). Moving averages can be used for ESL trend identification. A rising moving average shows that stock prices are generally increasing.
Esterline Technologies Bollinger Bands:
Bollinger bands comprise of a center line usually ESL SMA, and two ESL stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Esterline Technologies bollinger bands show that the stock price is $84.5, upper band is 41.88, lower band is 35.61, and the average is 38.74.
Esterline Technologies 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 Esterline Technologies MACD line is above the signal line.
Esterline Technologies Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of ESL stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .