Great Western Bancorp Technical Analysis (NYSE:GWB)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Great Western Bancorp stock price data and volume are plotted in GWB stock charts and these trading charts form the basis of technical analysis.
See Great Western Bancorp bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Great Western Bancorp stock analysis.
Great Western Bancorp Moving Average:
Moving averages show the GWB stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). 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 GWB stock price movement for the moving average to change course.
Great Western Bancorp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Great Western Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $39.43 is in the lower range of Great Western Bancorp bollinger bands.
Great Western Bancorp 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 Great Western Bancorp MACD indicator is above 0 indicating a bullish trend.
Great Western Bancorp 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 . The relative strength index of GWB stock is 77.87. .