Navios Maritime Partners Technical Analysis (NYSE:NMM)
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 NMM stock chart pattern can give those who understand technical analysis an indication of which way NMM stock is headed, but cannot predict with 100% certainty as to what can happen to the Navios Maritime Partners 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 Partners. The technical analysis form of Navios Maritime Partners 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 Partners Moving Average
Moving averages help predict the price direction of NMM 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 Partners are mostly signals of long term trends and will help long term traders.
Navios Maritime Partners 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 NMM stock. The stock price is trading between the average and the lower band in the context of Navios Maritime Partners bollinger bands.
Navios Maritime Partners 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 Partners MACD line is below the signal line.
Navios Maritime Partners 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 . 22.92 is the RSI value of NMM stock.