WARRIOR MET COA Technical Analysis (NYSE:HCC)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the WARRIOR MET COA stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the HCC stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for WARRIOR MET COA. Technical analysis uses an approach for WARRIOR MET COA stock analysis that does not care for the fair value of a company but uses price and volume data only.
WARRIOR MET COA Moving Average
Moving averages show the HCC stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $24.48 is below the last closing price of $25.95 and the 50 day moving average of $25.23 is below the last closing price of $25.95. The 10 and 20 day periods can predict short term moving average trends.
WARRIOR MET COA 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 HCC stock. Currently the stock price of $25.95 is in the upper range of WARRIOR MET COA bollinger bands.
WARRIOR MET COA 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 WARRIOR MET COA MACD line is below the signal line.
WARRIOR MET COA Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of HCC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.