ESCO Technologies Technical Analysis (NYSE:ESE)
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 ESE stock chart pattern can give those who understand technical analysis an indication of which way ESE stock is headed, but cannot predict with 100% certainty as to what can happen to the ESCO Technologies stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for ESCO Technologies. 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 ESCO Technologies stock analysis.
ESCO Technologies Moving Average
Moving averages show the ESE 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 ESCO Technologies are mostly signals of long term trends and will help long term traders.
ESCO Technologies 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 ESE stock. ESCO Technologies bollinger bands show that the stock price is $61.6, upper band is 62.98, lower band is 59.32, and the average is 61.15.
ESCO Technologies 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 ESCO Technologies MACD indicator can be used to identify bullish and bearish trends for the stock.
ESCO Technologies 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 ESE stock is 47.4.