HCC Insurance Technical Analysis (NYSE:HCC.3)
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 HCC.3 stock chart pattern can give those who understand technical analysis an indication of which way HCC.3 stock is headed, but cannot predict with 100% certainty as to what can happen to the HCC Insurance stock price.
See HCC Insurance bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for HCC Insurance stock analysis that does not care for the fair value of a company but uses price and volume data only.
HCC Insurance Moving Average
Moving averages show the average price of HCC.3 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 $77.73 is below the last closing price of $77.93 and the 50 day moving average of $77.59 is below the last closing price of $77.93. The 10 and 20 day periods can predict short term moving average trends.
HCC Insurance Bollinger Bands
Bollinger bands comprise of a center line usually HCC.3 SMA, and two HCC.3 stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of HCC Insurance bollinger bands.
HCC Insurance 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 HCC Insurance MACD indicator is below 0 indicating a bearish trend.
HCC Insurance Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of HCC.3 stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.