Global Brass and Copper Holdings Technical Analysis (NYSE:BRSS)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the Global Brass and Copper Holdings stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the BRSS stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Global Brass and Copper Holdings. The technical analysis form of Global Brass and Copper Holdings stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Global Brass and Copper Holdings Moving Average
Moving averages show the BRSS 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 Global Brass and Copper Holdings are mostly signals of long term trends and will help long term traders.
Global Brass and Copper Holdings 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 BRSS stock. Currently the stock price of $32.85 is in the upper range of Global Brass and Copper Holdings bollinger bands.
Global Brass and Copper Holdings 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 Global Brass and Copper Holdings MACD indicator is above 0 indicating a bullish trend.
Global Brass and Copper Holdings Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of BRSS stock is 58.