Esperion Therapeutics Technical Analysis (NASDAQ:ESPR)
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. A ESPR stock chart pattern can give those who understand technical analysis an indication of which way ESPR stock is headed, but cannot predict with 100% certainty as to what can happen to the Esperion Therapeutics stock price.
See Esperion Therapeutics bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. 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 Esperion Therapeutics stock analysis.
Esperion Therapeutics Moving Average:
Moving averages help predict the price direction of ESPR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $36.8 is below the last closing price of $37.05 and the 50 day moving average of $32.57 is below the $37.05 price. The 10 and 20 day periods can predict short term moving average trends.
Esperion Therapeutics Bollinger Bands:
Bollinger bands comprise of a center line usually ESPR SMA, and two ESPR 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. Esperion Therapeutics bollinger bands show that the stock price is $37.05, upper band is 18.52, lower band is 13.8, and the average is 16.16.
Esperion Therapeutics Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Esperion Therapeutics MACD line is above the signal line.
Esperion Therapeutics Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. The relative strength index of ESPR stock is 54.59. .