Northrop Grumman Technical Analysis (NYSE:NOC)
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. When a chart pattern that can predict future Northrop Grumman stock price movements is formed, the NOC stock chart can become a key tool for a technical analyst.
See Northrop Grumman bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Northrop Grumman stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Northrop Grumman Moving Average:
Moving averages show the NOC stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $40.71 is below the price of $242.98.
Northrop Grumman Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Northrop Grumman. 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 Northrop Grumman bollinger bands.
Northrop Grumman 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 Northrop Grumman MACD line is below the signal line.
Northrop Grumman Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 61.54 is the RSI value of NOC stock. .