National Bank of Greece Technical Analysis (OTCMKTS:NBGGY)
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 National Bank of Greece stock price data and volume are plotted in NBGGY stock charts and these trading charts form the basis of technical analysis.
See National Bank of Greece bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for National Bank of Greece stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
National Bank of Greece Moving Average:
Moving averages show the average price of NBGGY stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A rise in trend over the long term indicates a long term uptrend. Similarly a falling NBGGY moving average implies that National Bank of Greece stock price is falling.
National Bank of Greece Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the NBGGY stock. The stock price is trading between the average and the upper band in the context of National Bank of Greece bollinger bands.
National Bank of Greece Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The National Bank of Greece MACD line is above the signal line.
National Bank of Greece 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. The relative strength index of NBGGY stock is 6.95. .