Centrais Electricas Brasileiras-B Technical Analysis (NYSE:EBR.B)
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. Just by looking at the Centrais Electricas Brasileiras-B 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 EBR.B 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 Centrais Electricas Brasileiras-B. Technical analysis uses an approach for Centrais Electricas Brasileiras-B stock analysis that does not care for the fair value of a company but uses price and volume data only.
Centrais Electricas Brasileiras-B Moving Average
Moving averages show the average price of EBR.B stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Centrais Electricas Brasileiras-B are mostly signals of long term trends and will help long term traders.
Centrais Electricas Brasileiras-B Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Centrais Electricas Brasileiras-B. 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 lower band in the context of Centrais Electricas Brasileiras-B bollinger bands.
Centrais Electricas Brasileiras-B 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 Centrais Electricas Brasileiras-B MACD indicator can be used to identify bullish and bearish trends for the stock.
Centrais Electricas Brasileiras-B 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. 25.39 is the RSI value of EBR.B stock.