EMERALD EXPOSTN Technical Analysis (NYSE:EEX)
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 EEX stock chart pattern can give those who understand technical analysis an indication of which way EEX stock is headed, but cannot predict with 100% certainty as to what can happen to the EMERALD EXPOSTN stock price.
See EMERALD EXPOSTN bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of EMERALD EXPOSTN stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
EMERALD EXPOSTN Moving Average
Moving averages show the EEX 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $15.79 is below the price of $16.18.
EMERALD EXPOSTN Bollinger Bands
Bollinger bands comprise of a center line usually EEX SMA, and two EEX stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of EMERALD EXPOSTN bollinger bands.
EMERALD EXPOSTN 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 EMERALD EXPOSTN MACD line is above the signal line.
EMERALD EXPOSTN Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 64.78 is the RSI value of EEX stock.