Huntington Ingalls Industries Technical Analysis (NYSE:HII)
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. Just by looking at the Huntington Ingalls Industries 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 HII stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Huntington Ingalls Industries. Technical analysis uses an approach for Huntington Ingalls Industries stock analysis that does not care for the fair value of a company but uses price and volume data only.
Huntington Ingalls Industries Moving Average
Moving averages help predict the price direction of HII stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $247.87 is below the price of $258.
Huntington Ingalls Industries 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 HII stock. Currently the stock price of $258 is in the upper range of Huntington Ingalls Industries bollinger bands.
Huntington Ingalls Industries Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Huntington Ingalls Industries MACD indicator can be used to identify bullish and bearish trends for the stock.
Huntington Ingalls Industries Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of HII stock is 58.3.