INTL SEAWAYS Technical Analysis (NYSE:INSW)
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 INTL SEAWAYS 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 INSW stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for INTL SEAWAYS. Technical analysis uses an approach for INTL SEAWAYS stock analysis that does not care for the fair value of a company but uses price and volume data only.
INTL SEAWAYS Moving Average
Moving averages show the INSW 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 $20.75 is below the last closing price of $23.74 and the 50 day moving average of $20.21 is below the last closing price of $23.74. The 10 and 20 day periods can predict short term moving average trends.
INTL SEAWAYS Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like INTL SEAWAYS. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. INTL SEAWAYS bollinger bands show that the stock price is $23.74, upper band is 22.89, lower band is 18.6, and the average is 20.75.
INTL SEAWAYS Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The INTL SEAWAYS MACD line is above the signal line.
INTL SEAWAYS Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 72.61 is the RSI value of INSW stock.