Hannon Armstrong Technical Analysis (NYSE:HASI)
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 Hannon Armstrong stock price data and volume are plotted in HASI stock charts and these trading charts form the basis of technical analysis.
See Hannon Armstrong bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Hannon Armstrong stock analysis that does not care for the fair value of a company but uses price and volume data only.
Hannon Armstrong Moving Average
Moving averages show the average price of HASI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Hannon Armstrong are mostly signals of long term trends and will help long term traders.
Hannon Armstrong Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Hannon Armstrong. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $19.64 is in the upper range of Hannon Armstrong bollinger bands.
Hannon Armstrong 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 Hannon Armstrong MACD indicator is below 0 indicating a bearish trend.
Hannon Armstrong 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 . The relative strength index of HASI stock is 53.5.