Global Partners Technical Analysis (NYSE:GLP)
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. The GLP stock chart pattern can give those who understand technical analysis an indication of which way GLP stock is headed, but cannot predict with 100% certainty as to what can happen to the Global Partners stock price.
See Global Partners bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Global Partners stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Global Partners Moving Average
Moving averages show the GLP 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 20 day moving average of $16.61 is above the last closing price of $15.8 and the 50 day moving average of $17.25 is above the last closing price of $15.8. The 10 and 20 day periods can predict short term moving average trends.
Global Partners Bollinger Bands
Bollinger bands comprise of a center line usually GLP SMA, and two GLP 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. Global Partners bollinger bands show that the stock price is $15.8, upper band is 17.54, lower band is 15.67, and the average is 16.61.
Global Partners 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 Global Partners MACD indicator can be used to identify bullish and bearish trends for the stock.
Global Partners Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 47 is the RSI value of GLP stock.