SPX Flow Inc Technical Analysis (NYSE:FLOW)
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. Just by looking at the SPX Flow Inc 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 FLOW stock chart which creates a trading signal.
See SPX Flow Inc bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 SPX Flow Inc stock analysis.
SPX Flow Inc Moving Average
Moving averages show the average price of FLOW 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 $49.01 is below the price of $53.1.
SPX Flow Inc Bollinger Bands
Bollinger bands comprise of a center line usually FLOW SMA, and two FLOW 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. Currently the stock price of $53.1 is in the upper range of SPX Flow Inc bollinger bands.
SPX Flow Inc 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 SPX Flow Inc MACD line is below the signal line.
SPX Flow Inc 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 FLOW stock is 77.94.