Box Technical Analysis (NYSE:BOX)
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 Box stock price data and volume are plotted in BOX stock charts and these trading charts form the basis of technical analysis.
See Box bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Box stock analysis that does not care for the fair value of a company but uses price and volume data only.
Box Moving Average
Moving averages show the BOX 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $25.25 is above the price of $24.57.
Box Bollinger Bands
Bollinger bands comprise of a center line usually BOX SMA, and two BOX 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. Currently the stock price of $24.57 is in the lower range of Box bollinger bands.
Box 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 Box MACD line is below the signal line.
Box 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 BOX stock is 56.51.