Gafisa Technical Analysis (NYSE:GFA)
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. Just by looking at the Gafisa 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 GFA stock chart which creates a trading signal.
See Gafisa 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 Gafisa stock analysis.
Gafisa Moving Average
Moving averages help predict the price direction of GFA stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $10.64 is above the price of $9.56.
Gafisa Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Gafisa. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Gafisa bollinger bands show that the stock price is $9.56, upper band is 12.06, lower band is 9.23, and the average is 10.64.
Gafisa 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 Gafisa MACD line is above the signal line.
Gafisa Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 28.87 is the RSI value of GFA stock.