Great Plains Energy Technical Analysis (NYSE:GXP)
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 Great Plains Energy stock price data and volume are plotted in GXP stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Great Plains Energy. The technical analysis form of Great Plains Energy 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 Plains Energy Moving Average
Moving averages show the average price of GXP stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $32.63 is above the price of $31.99.
Great Plains Energy Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Great Plains Energy. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Great Plains Energy bollinger bands show that the stock price is $31.99, upper band is 34.02, lower band is 31.24, and the average is 32.63.
Great Plains Energy 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 Great Plains Energy MACD indicator is below 0 indicating a bearish trend.
Great Plains Energy 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 . If the RSI of GXP stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.