NMI Holdings Technical Analysis (NASDAQ:NMIH)
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. The NMIH stock chart pattern can give those who understand technical analysis an indication of which way NMIH stock is headed, but cannot predict with 100% certainty as to what can happen to the NMI Holdings 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 NMI Holdings. The technical analysis form of NMI Holdings stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
NMI Holdings Moving Average
Moving averages show the NMIH 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 $19.88 is above the price of $15.95.
NMI Holdings 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 NMIH stock. Currently the stock price of $15.95 is in the lower range of NMI Holdings bollinger bands.
NMI Holdings 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 NMI Holdings MACD indicator can be used to identify bullish and bearish trends for the stock.
NMI Holdings Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 24.81 is the RSI value of NMIH stock.