Enterprise Products Technical Analysis (NYSE:EPD)
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 EPD stock chart pattern can give those who understand technical analysis an indication of which way EPD stock is headed, but cannot predict with 100% certainty as to what can happen to the Enterprise Products stock price.
See Enterprise Products bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Enterprise Products stock analysis that does not care for the fair value of a company but uses price and volume data only.
Enterprise Products Moving Average
Moving averages show the EPD 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. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Enterprise Products are mostly signals of long term trends and will help long term traders.
Enterprise Products Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Enterprise Products. 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 Enterprise Products bollinger bands.
Enterprise Products Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Enterprise Products MACD indicator can be used to identify bullish and bearish trends for the stock.
Enterprise Products Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 44.64 is the RSI value of EPD stock.