E-House Technical Analysis (NYSE:EJ)
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 EJ stock chart pattern can give those who understand technical analysis an indication of which way EJ stock is headed, but cannot predict with 100% certainty as to what can happen to the E-House stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for E-House. 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 E-House stock analysis.
E-House Moving Average
Moving averages help predict the price direction of EJ stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for E-House are mostly signals of long term trends and will help long term traders.
E-House Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like E-House. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. E-House bollinger bands show that the stock price is $6.79, upper band is 6.81, lower band is 6.67, and the average is 6.74.
E-House 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 E-House MACD indicator can be used to identify bullish and bearish trends for the stock.
E-House 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 . 70.59 is the RSI value of EJ stock.