GasLog Technical Analysis (NYSE:GLOG)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The GLOG stock chart pattern can give those who understand technical analysis an indication of which way GLOG stock is headed, but cannot predict with 100% certainty as to what can happen to the GasLog stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for GasLog. The technical analysis form of GasLog stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
GasLog Moving Average
Moving averages show the GLOG 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 GasLog are mostly signals of long term trends and will help long term traders.
GasLog Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like GasLog. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. GasLog bollinger bands show that the stock price is $18.35, upper band is 19.14, lower band is 16.33, and the average is 17.74.
GasLog 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 GasLog MACD line is below the signal line.
GasLog 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 GLOG stock is 68.04.