Aegean Marine Petroleum Technical Analysis (NYSE:ANW)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The ANW stock chart pattern can give those who understand technical analysis an indication of which way ANW stock is headed, but cannot predict with 100% certainty as to what can happen to the Aegean Marine Petroleum stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Aegean Marine Petroleum. Technical analysis uses an approach for Aegean Marine Petroleum stock analysis that does not care for the fair value of a company but uses price and volume data only.
Aegean Marine Petroleum Moving Average
Moving averages show the ANW stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Aegean Marine Petroleum are mostly signals of long term trends and will help long term traders.
Aegean Marine Petroleum Bollinger Bands
Bollinger bands comprise of a center line usually ANW SMA, and two ANW stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Aegean Marine Petroleum bollinger bands show that the stock price is $2.4, upper band is 3.87, lower band is 1.41, and the average is 2.64.
Aegean Marine Petroleum 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 Aegean Marine Petroleum MACD indicator is below 0 indicating a bearish trend.
Aegean Marine Petroleum 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 . If the RSI of ANW stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.