Gap Technical Analysis (NYSE:GPS)
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 GPS stock chart pattern can give those who understand technical analysis an indication of which way GPS stock is headed, but cannot predict with 100% certainty as to what can happen to the Gap stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Gap. The technical analysis form of Gap stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Gap Moving Average
Moving averages show the average price of GPS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $28.84 is above the last closing price of $27.7 and the 50 day moving average of $29.93 is above the last closing price of $27.7. The 10 and 20 day periods can predict short term moving average trends.
Gap 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 GPS stock. Gap bollinger bands show that the stock price is $27.7, upper band is 31.38, lower band is 26.3, and the average is 28.84.
Gap 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 Gap MACD indicator is above 0 indicating a bullish trend.
Gap Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 18.88 is the RSI value of GPS stock.