Wabco Technical Analysis (NYSE:WBC)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. The Wabco stock price data and volume are plotted in WBC stock charts and these trading charts form the basis of technical analysis.
See Wabco bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. 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 Wabco stock analysis.
Wabco Moving Average:
Moving averages show the WBC 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 WBC moving average implies that Wabco stock price is falling.
Wabco 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 WBC stock. Wabco bollinger bands show that the stock price is $104.21, upper band is 29.22, lower band is 14.93, and the average is 22.07.
Wabco 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 Wabco MACD indicator can be used to identify bullish and bearish trends for the stock.
Wabco 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 . The relative strength index of WBC stock is 51.65. .