Equal Energy Technical Analysis (NYSE:EQU)
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 Equal Energy stock price data and volume are plotted in EQU stock charts and these trading charts form the basis of technical analysis.
See Equal Energy bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for Equal Energy stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Equal Energy Moving Average:
Moving averages show the EQU stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The 20 day moving average of $5.45 is below the last closing price of $5.45 and the 50 day moving average of $5.39 is below the $5.45 price. The 10 and 20 day periods can predict short term moving average trends.
Equal Energy Bollinger Bands:
Bollinger bands comprise of a center line usually EQU SMA, and two EQU stock price bands above and below it. The stock is considered over brought 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 Equal Energy bollinger bands.
Equal Energy 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 Equal Energy MACD line is below the signal line.
Equal Energy Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of EQU stock is 50. .