Harsco Technical Analysis (NYSE:HSC)
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 Harsco stock price data and volume are plotted in HSC stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Harsco. Technical analysis uses an approach for Harsco stock analysis that does not care for the fair value of a company but uses price and volume data only.
Harsco Moving Average
Moving averages help predict the price direction of HSC 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 $24.85 is below the price of $25.3.
Harsco Bollinger Bands
Bollinger bands comprise of a center line usually HSC SMA, and two HSC 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. Currently the stock price of $25.3 is in the upper range of Harsco bollinger bands.
Harsco 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 Harsco MACD line is below the signal line.
Harsco 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 HSC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.