Navigator Technical Analysis (NYSE:NVGS)
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 NVGS stock chart pattern can give those who understand technical analysis an indication of which way NVGS stock is headed, but cannot predict with 100% certainty as to what can happen to the Navigator 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 Navigator. The technical analysis form of Navigator stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Navigator Moving Average
Moving averages help predict the price direction of NVGS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $11.11 is below the price of $11.3.
Navigator Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Navigator. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $11.3 is in the upper range of Navigator bollinger bands.
Navigator 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 Navigator MACD indicator can be used to identify bullish and bearish trends for the stock.
Navigator Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of NVGS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.