American States Water Technical Analysis (NYSE:AWR)
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 American States Water stock price data and volume are plotted in AWR stock charts and these trading charts form the basis of technical analysis.
See American States Water bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of American States Water stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
American States Water Moving Average
Moving averages help predict the price direction of AWR 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 $59.9 is above the last closing price of $59.34 and the 50 day moving average of $57.93 is below the last closing price of $59.34. The 10 and 20 day periods can predict short term moving average trends.
American States Water Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like American States Water. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $59.34 is in the lower range of American States Water bollinger bands.
American States Water 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 American States Water MACD indicator is above 0 indicating a bullish trend.
American States Water 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 AWR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.