Maui Land & Pineapple Technical Analysis (NYSE:MLP)
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 Maui Land & Pineapple stock price data and volume are plotted in MLP stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Maui Land & Pineapple. 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 Maui Land & Pineapple stock analysis.
Maui Land & Pineapple Moving Average
Moving averages show the MLP 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $11.45 is above the price of $11.1.
Maui Land & Pineapple Bollinger Bands
Bollinger bands comprise of a center line usually MLP SMA, and two MLP 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 lower band in the context of Maui Land & Pineapple bollinger bands.
Maui Land & Pineapple 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 Maui Land & Pineapple MACD line is below the signal line.
Maui Land & Pineapple 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 . If the RSI of MLP stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.