British American Tobacco Technical Analysis (NYSE:BTI)
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. The British American Tobacco stock price data and volume are plotted in BTI stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for British American Tobacco. Technical analysis uses an approach for British American Tobacco stock analysis that does not care for the fair value of a company but uses price and volume data only.
British American Tobacco Moving Average
Moving averages show the BTI 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 British American Tobacco are mostly signals of long term trends and will help long term traders.
British American Tobacco 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 BTI stock. British American Tobacco bollinger bands show that the stock price is $53.6, upper band is 62.9, lower band is 51.09, and the average is 56.99.
British American Tobacco 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 British American Tobacco MACD indicator can be used to identify bullish and bearish trends for the stock.
British American Tobacco Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of BTI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.