Equity Commonwealth Technical Analysis (NYSE:EQC)
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. Just by looking at the Equity Commonwealth stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the EQC stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Equity Commonwealth. 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 Equity Commonwealth stock analysis.
Equity Commonwealth Moving Average
Moving averages show the EQC 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 Equity Commonwealth are mostly signals of long term trends and will help long term traders.
Equity Commonwealth 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 EQC stock. Equity Commonwealth bollinger bands show that the stock price is $32.06, upper band is 32.4, lower band is 31.83, and the average is 32.12.
Equity Commonwealth 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 Equity Commonwealth MACD indicator is above 0 indicating a bullish trend.
Equity Commonwealth 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. If the RSI of EQC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.