Centrais Electricas Brasileiras Technical Analysis (NYSE:EBR)
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 Centrais Electricas Brasileiras 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 stock chart which creates a trading signal.
See Centrais Electricas Brasileiras bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Centrais Electricas Brasileiras stock analysis that does not care for the fair value of a company but uses price and volume data only.
Centrais Electricas Brasileiras Moving Average
Moving averages show the EBR 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 Centrais Electricas Brasileiras are mostly signals of long term trends and will help long term traders.
Centrais Electricas Brasileiras Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Centrais Electricas Brasileiras. 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 bollinger bands.
Centrais Electricas Brasileiras Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Centrais Electricas Brasileiras MACD indicator can be used to identify bullish and bearish trends for the stock.
Centrais Electricas Brasileiras Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of EBR stock is 33.49.