Northern Tier Energy Technical Analysis (NYSE:NTI)
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 Northern Tier Energy stock price data and volume are plotted in NTI stock charts and these trading charts form the basis of technical analysis.
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 Northern Tier Energy. The technical analysis form of Northern Tier Energy stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Northern Tier Energy Moving Average
Moving averages show the average price of NTI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $21.17 is above the last closing price of $21.15 and the 50 day moving average of $21.75 is above the last closing price of $21.15. The 10 and 20 day periods can predict short term moving average trends.
Northern Tier Energy Bollinger Bands
Bollinger bands comprise of a center line usually NTI SMA, and two NTI 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 $21.15 is in the lower range of Northern Tier Energy bollinger bands.
Northern Tier Energy 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 Northern Tier Energy MACD indicator can be used to identify bullish and bearish trends for the stock.
Northern Tier Energy 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. If the RSI of NTI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.