Whirlpool Technical Analysis (NYSE:WHR)
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 Whirlpool stock price movements is formed, the WHR stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Whirlpool. 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 Whirlpool stock analysis.
Whirlpool Moving Average:
Moving averages help predict the price direction of WHR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $25.48 is above the last closing price of $185.62 and the 50 day moving average of $24.35 is below the $185.62 price. The 10 and 20 day periods can predict short term moving average trends.
Whirlpool Bollinger Bands:
Bollinger bands comprise of a center line usually WHR SMA, and two WHR stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Whirlpool bollinger bands show that the stock price is $185.62, upper band is 84.08, lower band is 78.73, and the average is 81.41.
Whirlpool 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 Whirlpool MACD line is below the signal line.
Whirlpool 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 . 41.39 is the RSI value of WHR stock. .