Great Western Bancorp Technical Analysis (NYSE:GWB)
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 GWB stock chart pattern can give those who understand technical analysis an indication of which way GWB stock is headed, but cannot predict with 100% certainty as to what can happen to the Great Western Bancorp stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Great Western Bancorp. The technical analysis form of Great Western Bancorp stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Great Western Bancorp Moving Average
Moving averages help predict the price direction of GWB 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 $42.3 is below the price of $42.42.
Great Western Bancorp Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Great Western Bancorp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Great Western Bancorp bollinger bands show that the stock price is $42.42, upper band is 44.77, lower band is 39.83, and the average is 42.3.
Great Western Bancorp 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 Great Western Bancorp MACD line is above the signal line.
Great Western Bancorp 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 . 50.21 is the RSI value of GWB stock.