Wabash National Technical Analysis (NYSE:WNC)
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. Just by looking at the Wabash National stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the WNC stock chart which creates a trading signal.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Wabash National. Technical analysis uses an approach for Wabash National stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Wabash National Moving Average:
Moving averages show the average price of WNC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Wabash National are mostly signals of long term trends and will help long term traders.
Wabash National 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 WNC stock. Wabash National bollinger bands show that the stock price is $17.26, upper band is 84.08, lower band is 78.73, and the average is 81.41.
Wabash National 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 Wabash National MACD line is below the signal line.
Wabash National 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. The relative strength index of WNC stock is 41.39. .