Superior Industries Technical Analysis (NYSE:SUP)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. A SUP stock chart pattern can give those who understand technical analysis an indication of which way SUP stock is headed, but cannot predict with 100% certainty as to what can happen to the Superior Industries stock price.
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 Superior Industries. 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 Superior Industries stock analysis.
Superior Industries Moving Average:
SUP stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Superior Industries chart patterns after the calculations remain the same. The 100 day moving average of 35.48 is below the last closing price of 24.7. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Superior Industries are mostly signals of long term trends and will help long term traders.
Superior Industries Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Superior Industries. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Superior Industries bollinger bands show that the stock price is $24.7, upper band is 38.47, lower band is 35.38, and the average is 36.92.
Superior Industries 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 Superior Industries MACD line is below the signal line.
Superior Industries 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. The relative strength index of SUP stock is 54.1. .