Boardwalk Pipeline Partners Technical Analysis (NYSE:BWP)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Boardwalk Pipeline Partners 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 BWP 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 Boardwalk Pipeline Partners. The technical analysis form of Boardwalk Pipeline Partners stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Boardwalk Pipeline Partners Moving Average
Moving averages show the average price of BWP stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $11.53 is below the price of $12.05.
Boardwalk Pipeline Partners 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 BWP stock. The stock price is trading between the average and the upper band in the context of Boardwalk Pipeline Partners bollinger bands.
Boardwalk Pipeline Partners 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 Boardwalk Pipeline Partners MACD indicator can be used to identify bullish and bearish trends for the stock.
Boardwalk Pipeline Partners 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 BWP stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.