James River Group Technical Analysis (NASDAQ:JRVR)
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 James River Group stock price data and volume are plotted in JRVR 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 James River Group. 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 James River Group stock analysis.
James River Group Moving Average
Moving averages show the JRVR 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 $41.27 is below the last closing price of $41.85 and the 50 day moving average of $40.74 is below the last closing price of $41.85. The 10 and 20 day periods can predict short term moving average trends.
James River Group Bollinger Bands
Bollinger bands comprise of a center line usually JRVR SMA, and two JRVR 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. The stock price is trading between the average and the upper band in the context of James River Group bollinger bands.
James River Group 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 James River Group MACD indicator is below 0 indicating a bearish trend.
James River Group 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 JRVR stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.