ENVISION HLTHCR Technical Analysis (NYSE:EVHC)
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 ENVISION HLTHCR 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 EVHC 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 ENVISION HLTHCR. 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 ENVISION HLTHCR stock analysis.
ENVISION HLTHCR Moving Average
Moving averages help predict the price direction of EVHC 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 $36.1 is below the last closing price of $37.7 and the 50 day moving average of $34.93 is below the last closing price of $37.7. The 10 and 20 day periods can predict short term moving average trends.
ENVISION HLTHCR 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 EVHC stock. ENVISION HLTHCR bollinger bands show that the stock price is $37.7, upper band is 38.15, lower band is 34.06, and the average is 36.1.
ENVISION HLTHCR 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 ENVISION HLTHCR MACD line is below the signal line.
ENVISION HLTHCR 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 EVHC stock is 54.43.