Endeavour Silver Technical Analysis (NYSE:EXK)
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 Endeavour Silver stock price data and volume are plotted in EXK stock charts and these trading charts form the basis of technical analysis.
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 Endeavour Silver. 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 help predict the price direction of EXK stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Endeavour Silver are mostly signals of long term trends and will help long term traders.
Endeavour Silver Bollinger Bands
Bollinger bands comprise of a center line usually EXK SMA, and two EXK stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Endeavour Silver bollinger bands show that the stock price is $2.29, upper band is 2.38, lower band is 2.11, and the average is 2.25.
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 RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 55.32 is the RSI value of EXK stock.