Priceline Technical Analysis (NASDAQ:PCLN)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. When a chart pattern that can predict future Priceline stock price movements is formed, the PCLN stock chart can become a key tool for a technical analyst.
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 Priceline. The technical analysis form of Priceline stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Priceline Moving Average:
Moving averages show the average price of PCLN 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 PCLN moving average implies that Priceline stock price is falling.
Priceline Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Priceline. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Priceline bollinger bands show that the stock price is $1631.62, upper band is 19, lower band is 15.99, and the average is 17.49.
Priceline 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 Priceline MACD line is below the signal line.
Priceline Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of PCLN stock is 38.39. .