Express Technical Analysis (NYSE:EXPR)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The EXPR stock chart pattern can give those who understand technical analysis an indication of which way EXPR stock is headed, but cannot predict with 100% certainty as to what can happen to the Express stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Express. Technical analysis uses an approach for Express stock analysis that does not care for the fair value of a company but uses price and volume data only.
Express Moving Average
Moving averages show the EXPR stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Express are mostly signals of long term trends and will help long term traders.
Express Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Express. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $10.91 is in the upper range of Express bollinger bands.
Express 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 Express MACD indicator can be used to identify bullish and bearish trends for the stock.
Express 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 EXPR stock is 59.25.