Itau Corp Technical Analysis (NYSE:ITCB)
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. When a chart pattern that can predict future Itau Corp stock price movements is formed, the ITCB stock chart can become a key tool for a technical analyst.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for Itau Corp. Technical analysis uses an approach for Itau Corp stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Itau Corp Moving Average:
Moving averages show the ITCB stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A rise in trend over the long term indicates a long term uptrend. Similarly a falling ITCB moving average implies that Itau Corp stock price is falling.
Itau Corp Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Itau Corp stock price relative to previous trades. The stock price is trading between the average and the lower band in the context of Itau Corp bollinger bands.
Itau Corp 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 Itau Corp MACD line is below the signal line.
Itau Corp 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. 62.5 is the RSI value of ITCB stock. .