JP Energy Technical Analysis (NYSE:JPEP)
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. The JP Energy stock price data and volume are plotted in JPEP 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 JP Energy. The technical analysis form of JP Energy stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
JP Energy Moving Average
Moving averages help predict the price direction of JPEP stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $9.38 is below the last closing price of $9.44 and the 50 day moving average of $9.79 is above the last closing price of $9.44. The 10 and 20 day periods can predict short term moving average trends.
JP Energy Bollinger Bands
Bollinger bands comprise of a center line usually JPEP SMA, and two JPEP 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. JP Energy bollinger bands show that the stock price is $9.44, upper band is 9.82, lower band is 8.94, and the average is 9.38.
JP Energy 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 JP Energy MACD indicator can be used to identify bullish and bearish trends for the stock.
JP Energy 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 JPEP stock is 43.01.