Overseas Shipholding Technical Analysis (NYSE:OSG)
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 Overseas Shipholding 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 OSG stock chart which creates a trading signal.
See Overseas Shipholding bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Overseas Shipholding stock analysis that does not care for the fair value of a company but uses price and volume data only.
Overseas Shipholding Moving Average
Moving averages show the OSG 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Overseas Shipholding are mostly signals of long term trends and will help long term traders.
Overseas Shipholding Bollinger Bands
Bollinger bands comprise of a center line usually OSG SMA, and two OSG 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. Overseas Shipholding bollinger bands show that the stock price is $3.56, upper band is 3.8, lower band is 3.3, and the average is 3.55.
Overseas Shipholding 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 Overseas Shipholding MACD line is below the signal line.
Overseas Shipholding Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of OSG stock is 46.08.