Anworth Mortgage Technical Analysis (NYSE:ANH)
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. The ANH stock chart pattern can give those who understand technical analysis an indication of which way ANH stock is headed, but cannot predict with 100% certainty as to what can happen to the Anworth Mortgage stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Anworth Mortgage. The technical analysis form of Anworth Mortgage stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Anworth Mortgage Moving Average
Moving averages help predict the price direction of ANH 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 $5.08 is above the last closing price of $5.01 and the 50 day moving average of $5 is below the last closing price of $5.01. The 10 and 20 day periods can predict short term moving average trends.
Anworth Mortgage Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Anworth Mortgage. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $5.01 is in the lower range of Anworth Mortgage bollinger bands.
Anworth Mortgage Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Anworth Mortgage MACD line is below the signal line.
Anworth Mortgage 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 . 29.55 is the RSI value of ANH stock.