KINSALE CAP GRP Technical Analysis (NASDAQ:KNSL)
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 KINSALE CAP GRP 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 KNSL stock chart which creates a trading signal.
See KINSALE CAP GRP 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 KINSALE CAP GRP stock analysis.
KINSALE CAP GRP Moving Average
Moving averages help predict the price direction of KNSL 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 $50.02 is below the last closing price of $53.6 and the 50 day moving average of $47.42 is below the last closing price of $53.6. The 10 and 20 day periods can predict short term moving average trends.
KINSALE CAP GRP 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 KNSL stock. KINSALE CAP GRP bollinger bands show that the stock price is $53.6, upper band is 53.93, lower band is 46.12, and the average is 50.02.
KINSALE CAP GRP 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 KINSALE CAP GRP MACD indicator can be used to identify bullish and bearish trends for the stock.
KINSALE CAP GRP 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 . 71.9 is the RSI value of KNSL stock.