Hi-Crush Partners Technical Analysis (NYSE:HCLP)
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 HCLP stock chart pattern can give those who understand technical analysis an indication of which way HCLP stock is headed, but cannot predict with 100% certainty as to what can happen to the Hi-Crush Partners stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Hi-Crush Partners. Technical analysis uses an approach for Hi-Crush Partners stock analysis that does not care for the fair value of a company but uses price and volume data only.
Hi-Crush Partners Moving Average
Moving averages help predict the price direction of HCLP stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $12.55 is above the last closing price of $11.9 and the 50 day moving average of $12.76 is above the last closing price of $11.9. The 10 and 20 day periods can predict short term moving average trends.
Hi-Crush Partners Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Hi-Crush Partners. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $11.9 is in the lower range of Hi-Crush Partners bollinger bands.
Hi-Crush Partners 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 Hi-Crush Partners MACD indicator can be used to identify bullish and bearish trends for the stock.
Hi-Crush Partners 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 HCLP stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.