Navios Maritime Technical Analysis (NYSE:NM)
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 Navios Maritime stock price data and volume are plotted in NM 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 Navios Maritime. Technical analysis uses an approach for Navios Maritime stock analysis that does not care for the fair value of a company but uses price and volume data only.
Navios Maritime Moving Average
Moving averages show the NM 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 $1.22 is above the price of $1.09.
Navios Maritime Bollinger Bands
Bollinger bands comprise of a center line usually NM SMA, and two NM 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. Currently the stock price of $1.09 is in the lower range of Navios Maritime bollinger bands.
Navios Maritime 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 Navios Maritime MACD line is below the signal line.
Navios Maritime 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 . 30.95 is the RSI value of NM stock.