Graphic Packaging Technical Analysis (NYSE:GPK)
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 GPK stock chart pattern can give those who understand technical analysis an indication of which way GPK stock is headed, but cannot predict with 100% certainty as to what can happen to the Graphic Packaging stock price.
See Graphic Packaging bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Graphic Packaging stock analysis that does not care for the fair value of a company but uses price and volume data only.
Graphic Packaging Moving Average
Moving averages show the GPK 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $14.37 is below the price of $14.9.
Graphic Packaging Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Graphic Packaging. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Graphic Packaging bollinger bands.
Graphic Packaging 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 Graphic Packaging MACD indicator is below 0 indicating a bearish trend.
Graphic Packaging 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 . 62.2 is the RSI value of GPK stock.