Gafisa Technical Analysis (NYSE:GFA)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. The Gafisa stock price data and volume are plotted in GFA stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Gafisa. 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 Gafisa stock analysis.
Gafisa Moving Average:
GFA stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of Gafisa chart patterns after the calculations remain the same. The 100 day moving average of 7.52 is below the last closing price of 8.56. The 20 day moving average of $8.07 is below the last closing price of $8.56 and the 50 day moving average of $7.74 is below the $8.56 price. The 10 and 20 day periods can predict short term moving average trends.
Gafisa 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 GFA stock. Gafisa bollinger bands show that the stock price is $8.56, upper band is 190.19, lower band is 168.76, and the average is 179.47.
Gafisa Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Gafisa MACD indicator is above 0 indicating a bullish trend.
Gafisa Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 67.18 is the RSI value of GFA stock. .