Endeavour Silver Technical Analysis (NYSE:EXK)
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 EXK stock chart pattern can give those who understand technical analysis an indication of which way EXK stock is headed, but cannot predict with 100% certainty as to what can happen to the Endeavour Silver stock price.
See Endeavour Silver bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Endeavour Silver stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Endeavour Silver Moving Average
Moving averages show the average price of EXK stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $2.32 is above the price of $2.2.
Endeavour Silver 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 EXK stock. Endeavour Silver bollinger bands show that the stock price is $2.2, upper band is 2.55, lower band is 2.08, and the average is 2.32.
Endeavour Silver 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 Endeavour Silver MACD indicator can be used to identify bullish and bearish trends for the stock.
Endeavour Silver 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. The relative strength index of EXK stock is 42.86.