Interpublic Technical Analysis (NYSE:IPG)
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 Interpublic 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 IPG stock chart which creates a trading signal.
See Interpublic bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Interpublic stock analysis.
Interpublic Moving Average
Moving averages show the average price of IPG stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $22.49 is below the last closing price of $23.94 and the 50 day moving average of $21.4 is below the last closing price of $23.94. The 10 and 20 day periods can predict short term moving average trends.
Interpublic 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 IPG stock. The stock price is trading between the average and the upper band in the context of Interpublic bollinger bands.
Interpublic 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 Interpublic MACD indicator is below 0 indicating a bearish trend.
Interpublic Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of IPG stock is 65.61.