Northwest Pipe Technical Analysis (NASDAQ:NWPX)
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 Northwest Pipe stock price data and volume are plotted in NWPX 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 Northwest Pipe. The technical analysis form of Northwest Pipe stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Northwest Pipe Moving Average
Moving averages show the average price of NWPX 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 $20.27 is below the last closing price of $21.74 and the 50 day moving average of $19.74 is below the last closing price of $21.74. The 10 and 20 day periods can predict short term moving average trends.
Northwest Pipe Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Northwest Pipe. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $21.74 is in the upper range of Northwest Pipe bollinger bands.
Northwest Pipe Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Northwest Pipe MACD line is above the signal line.
Northwest Pipe 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 . The relative strength index of NWPX stock is 77.78.