Endesa Americas Technical Analysis (NYSE:EOCA)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Endesa Americas stock price data and volume are plotted in EOCA stock charts and these trading charts form the basis of technical analysis.
See Endesa Americas bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Endesa Americas stock analysis that does not care for the fair value of a company but uses price and volume data only.
Endesa Americas Moving Average
Moving averages help predict the price direction of EOCA 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 $13.62 is above the price of $13.15.
Endesa Americas Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the EOCA stock. The stock price is trading between the average and the lower band in the context of Endesa Americas bollinger bands.
Endesa Americas 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 Endesa Americas MACD line is below the signal line.
Endesa Americas 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 . The relative strength index of EOCA stock is 33.83.