State Street Technical Analysis (NYSE:STT)
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 State Street stock price movements is formed, the STT 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 State Street. Technical analysis uses an approach for State Street stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
State Street Moving Average:
Moving averages show the STT stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A rise in trend over the long term indicates a long term uptrend. Similarly a falling STT moving average implies that State Street stock price is falling.
State Street Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of State Street stock price relative to previous trades. Currently the stock price of $79.4 is in the lower range of State Street bollinger bands.
State Street 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 State Street MACD indicator is above 0 indicating a bullish trend.
State Street 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 . If the RSI of STT stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .