Esterline Technologies Technical Analysis (NYSE:ESL)
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 Esterline Technologies 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 ESL stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Esterline Technologies. The technical analysis form of Esterline Technologies stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Esterline Technologies Moving Average
Moving averages show the average price of ESL stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Esterline Technologies are mostly signals of long term trends and will help long term traders.
Esterline 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 ESL stock. Currently the stock price of $75.45 is in the upper range of Esterline Technologies bollinger bands.
Esterline 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 Esterline Technologies MACD indicator is below 0 indicating a bearish trend.
Esterline Technologies 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. 50.52 is the RSI value of ESL stock.