Encore Capital Technical Analysis (NASDAQ:ECPG)
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 Encore Capital stock price data and volume are plotted in ECPG stock charts and these trading charts form the basis of technical analysis.
See Encore Capital bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Encore Capital stock analysis that does not care for the fair value of a company but uses price and volume data only.
Encore Capital Moving Average
Moving averages help predict the price direction of ECPG stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $37.05 is below the price of $39.45.
Encore Capital Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Encore Capital. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Encore Capital bollinger bands show that the stock price is $39.45, upper band is 40.11, lower band is 33.99, and the average is 37.05.
Encore Capital 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 Encore Capital MACD line is above the signal line.
Encore Capital 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 . 67.48 is the RSI value of ECPG stock.