Navios Maritime Technical Analysis (NYSE:NAP)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The NAP stock chart pattern can give those who understand technical analysis an indication of which way NAP stock is headed, but cannot predict with 100% certainty as to what can happen to the Navios Maritime stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Navios Maritime. The technical analysis form of Navios Maritime stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Navios Maritime Moving Average
Moving averages help predict the price direction of NAP 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 Navios Maritime are mostly signals of long term trends and will help long term traders.
Navios Maritime Bollinger Bands
Bollinger bands comprise of a center line usually NAP SMA, and two NAP 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. Navios Maritime bollinger bands show that the stock price is $3.98, upper band is 4.77, lower band is 3.76, and the average is 4.26.
Navios Maritime 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 Navios Maritime MACD indicator is below 0 indicating a bearish trend.
Navios Maritime Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of NAP stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.