NRG Yield Technical Analysis (NYSE:NYLDA)
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. Just by looking at the NRG Yield stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the NYLDA stock chart which creates a trading signal.
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 NRG Yield. The technical analysis form of NRG Yield stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
NRG Yield Moving Average
Moving averages show the NYLDA stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $18.67 is below the last closing price of $19.7 and the 50 day moving average of $17.93 is below the last closing price of $19.7. The 10 and 20 day periods can predict short term moving average trends.
NRG Yield Bollinger Bands
Bollinger bands comprise of a center line usually NYLDA SMA, and two NYLDA 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 $19.7 is in the upper range of NRG Yield bollinger bands.
NRG Yield 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 NRG Yield MACD line is below the signal line.
NRG Yield 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. 74.52 is the RSI value of NYLDA stock.