ARCONIC INC Technical Analysis (NYSE:ARNC)
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 ARNC stock chart pattern can give those who understand technical analysis an indication of which way ARNC stock is headed, but cannot predict with 100% certainty as to what can happen to the ARCONIC INC stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for ARCONIC INC. Technical analysis uses an approach for ARCONIC INC stock analysis that does not care for the fair value of a company but uses price and volume data only.
ARCONIC INC Moving Average
Moving averages show the average price of ARNC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $22.35 is below the last closing price of $22.88 and the 50 day moving average of $21.21 is below the last closing price of $22.88. The 10 and 20 day periods can predict short term moving average trends.
ARCONIC INC 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 ARNC stock. ARCONIC INC bollinger bands show that the stock price is $22.88, upper band is 23.04, lower band is 21.66, and the average is 22.35.
ARCONIC INC 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 ARCONIC INC MACD indicator is below 0 indicating a bearish trend.
ARCONIC INC Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 59.19 is the RSI value of ARNC stock.