Archrock Partners Technical Analysis (NASDAQ:APLP)
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 APLP stock chart pattern can give those who understand technical analysis an indication of which way APLP stock is headed, but cannot predict with 100% certainty as to what can happen to the Archrock Partners stock price.
See Archrock Partners bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Archrock Partners stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Archrock Partners Moving Average
Moving averages help predict the price direction of APLP 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 $13.64 is below the last closing price of $15.3 and the 50 day moving average of $13.19 is below the last closing price of $15.3. The 10 and 20 day periods can predict short term moving average trends.
Archrock Partners 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 APLP stock. Archrock Partners bollinger bands show that the stock price is $15.3, upper band is 15.89, lower band is 11.39, and the average is 13.64.
Archrock Partners 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 Archrock Partners MACD indicator is below 0 indicating a bearish trend.
Archrock Partners 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 APLP stock is 85.05.