Empire District Electric Technical Analysis (NYSE:EDE)
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. The EDE stock chart pattern can give those who understand technical analysis an indication of which way EDE stock is headed, but cannot predict with 100% certainty as to what can happen to the Empire District Electric stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Empire District Electric. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Empire District Electric stock analysis.
Empire District Electric Moving Average
Moving averages show the average price of EDE stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $34.14 is above the last closing price of $34.09 and the 50 day moving average of $34.22 is above the last closing price of $34.09. The 10 and 20 day periods can predict short term moving average trends.
Empire District Electric Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Empire District Electric. 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 Empire District Electric bollinger bands.
Empire District Electric 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 Empire District Electric MACD indicator can be used to identify bullish and bearish trends for the stock.
Empire District Electric Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of EDE stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.