CNH Industrial Technical Analysis (NYSE:CNHI)
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. A CNHI stock chart pattern can give those who understand technical analysis an indication of which way CNHI stock is headed, but cannot predict with 100% certainty as to what can happen to the CNH Industrial stock price.
See CNH Industrial bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of CNH Industrial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
CNH Industrial Moving Average:
Moving averages help predict the price direction of CNHI 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 $9.97 is below the last closing price of $10.76 and the 50 day moving average of $9.7 is below the $10.76 price. The 10 and 20 day periods can predict short term moving average trends.
CNH Industrial Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like CNH Industrial. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of CNH Industrial bollinger bands.
CNH Industrial 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 CNH Industrial MACD indicator can be used to identify bullish and bearish trends for the stock.
CNH Industrial Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of CNHI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .