New York & Co Technical Analysis (NYSE:NWY)
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 New York & Co stock price data and volume are plotted in NWY stock charts and these trading charts form the basis of technical analysis.
See New York & Co bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of New York & Co stock analysis.
New York & Co Moving Average
Moving averages show the average price of NWY stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for New York & Co are mostly signals of long term trends and will help long term traders.
New York & Co Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like New York & Co. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. New York & Co bollinger bands show that the stock price is $4, upper band is 4.26, lower band is 3.49, and the average is 3.88.
New York & Co 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 New York & Co MACD indicator is above 0 indicating a bullish trend.
New York & Co Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of NWY stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.