Macerich Technical Analysis (NYSE:MAC)
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 MAC stock chart pattern can give those who understand technical analysis an indication of which way MAC stock is headed, but cannot predict with 100% certainty as to what can happen to the Macerich stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Macerich. 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 Macerich stock analysis.
Macerich Moving Average
Moving averages help predict the price direction of MAC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Macerich are mostly signals of long term trends and will help long term traders.
Macerich 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 MAC stock. Currently the stock price of $57.84 is in the upper range of Macerich bollinger bands.
Macerich 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 Macerich MACD indicator can be used to identify bullish and bearish trends for the stock.
Macerich 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 MAC stock is 50.9.