EZCORP Technical Analysis (NASDAQ:EZPW)
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 EZPW stock chart pattern can give those who understand technical analysis an indication of which way EZPW stock is headed, but cannot predict with 100% certainty as to what can happen to the EZCORP stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for EZCORP. The technical analysis form of EZCORP stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
EZCORP Moving Average
Moving averages help predict the price direction of EZPW 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 EZCORP are mostly signals of long term trends and will help long term traders.
EZCORP 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 EZPW stock. EZCORP bollinger bands show that the stock price is $11.35, upper band is 12.5, lower band is 10.84, and the average is 11.67.
EZCORP 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 EZCORP MACD line is above the signal line.
EZCORP Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of EZPW stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.