Westbury Technical Analysis (NASDAQ:WBB)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. The Westbury stock price data and volume are plotted in WBB 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 Westbury. The technical analysis form of Westbury stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Westbury Moving Average:
Moving averages help predict the price direction of WBB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $19.79 is below the price of $19.25.
Westbury 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 WBB stock. Currently the stock price of $19.25 is in the upper range of Westbury bollinger bands.
Westbury 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 Westbury MACD indicator is below 0 indicating a bearish trend.
Westbury Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of WBB stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .