Murphy USA Technical Analysis (NYSE:MUSA)
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 Murphy USA stock price data and volume are plotted in MUSA 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 Murphy USA. The technical analysis form of Murphy USA stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Murphy USA Moving Average
Moving averages show the average price of MUSA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $77.56 is above the last closing price of $74.66 and the 50 day moving average of $80.31 is above the last closing price of $74.66. The 10 and 20 day periods can predict short term moving average trends.
Murphy USA Bollinger Bands
Bollinger bands comprise of a center line usually MUSA SMA, and two MUSA 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 Murphy USA bollinger bands.
Murphy USA 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 Murphy USA MACD line is above the signal line.
Murphy USA 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 . The relative strength index of MUSA stock is 27.93.