MBIA Technical Analysis (NYSE:MBI)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The MBI stock chart pattern can give those who understand technical analysis an indication of which way MBI stock is headed, but cannot predict with 100% certainty as to what can happen to the MBIA stock price.
See MBIA bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of MBIA stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
MBIA Moving Average
Moving averages show the average price of MBI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for MBIA are mostly signals of long term trends and will help long term traders.
MBIA Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like MBIA. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. MBIA bollinger bands show that the stock price is $11.26, upper band is 10.77, lower band is 10.1, and the average is 10.44.
MBIA 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 MBIA MACD line is above the signal line.
MBIA 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. 69.36 is the RSI value of MBI stock.