Navient Technical Analysis (NASDAQ:NAVI)
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. Just by looking at the Navient stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the NAVI stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Navient. 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 Navient stock analysis.
Navient Moving Average
Moving averages show the NAVI 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. The 20 day moving average of $13.44 is above the last closing price of $13.03 and the 50 day moving average of $13.57 is above the last closing price of $13.03. The 10 and 20 day periods can predict short term moving average trends.
Navient 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 NAVI stock. Navient bollinger bands show that the stock price is $13.03, upper band is 14.15, lower band is 12.74, and the average is 13.44.
Navient 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 Navient MACD indicator is above 0 indicating a bullish trend.
Navient 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 NAVI stock is 23.38.