NI HOLDINGS INC Technical Analysis (NASDAQ:NODK)
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 NI HOLDINGS INC stock price data and volume are plotted in NODK stock charts and these trading charts form the basis of technical analysis.
See NI HOLDINGS INC bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of NI HOLDINGS INC stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
NI HOLDINGS INC Moving Average
Moving averages help predict the price direction of NODK stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $16.62 is below the last closing price of $17.24 and the 50 day moving average of $16.59 is below the last closing price of $17.24. The 10 and 20 day periods can predict short term moving average trends.
NI HOLDINGS INC Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like NI HOLDINGS INC. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. NI HOLDINGS INC bollinger bands show that the stock price is $17.24, upper band is 17.69, lower band is 15.55, and the average is 16.62.
NI HOLDINGS INC 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 NI HOLDINGS INC MACD indicator can be used to identify bullish and bearish trends for the stock.
NI HOLDINGS INC 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 . 70.16 is the RSI value of NODK stock.