NorthWestern Technical Analysis (NYSE:NWE)
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 NorthWestern stock price data and volume are plotted in NWE stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for NorthWestern. The technical analysis form of NorthWestern stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
NorthWestern Moving Average
Moving averages help predict the price direction of NWE 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 $59.02 is below the price of $60.02.
NorthWestern 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 NWE stock. Currently the stock price of $60.02 is in the upper range of NorthWestern bollinger bands.
NorthWestern 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 NorthWestern MACD line is below the signal line.
NorthWestern 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 . If the RSI of NWE stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.