Grupo Supervielle Technical Analysis (NYSE:SUPV)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Grupo Supervielle stock price data and volume are plotted in SUPV stock charts and these trading charts form the basis of technical analysis.
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 Grupo Supervielle. 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 Grupo Supervielle stock analysis.
Grupo Supervielle Moving Average:
Moving averages show the average price of SUPV 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 SUPV moving average implies that Grupo Supervielle stock price is falling.
Grupo Supervielle 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 SUPV stock. Grupo Supervielle bollinger bands show that the stock price is $13.6, upper band is 12.16, lower band is 8.64, and the average is 10.4.
Grupo Supervielle 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 Grupo Supervielle MACD line is below the signal line.
Grupo Supervielle 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 SUPV stock is 56.29. .