Oxbridge Re Holdings Technical Analysis (NASDAQ:OXBR)
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 Oxbridge Re Holdings 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 OXBR stock chart which creates a trading signal.
See Oxbridge Re Holdings bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Oxbridge Re Holdings stock analysis that does not care for the fair value of a company but uses price and volume data only.
Oxbridge Re Holdings Moving Average
Moving averages show the OXBR 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 $2.22 is below the last closing price of $2.4 and the 50 day moving average of $2.25 is below the last closing price of $2.4. The 10 and 20 day periods can predict short term moving average trends.
Oxbridge Re Holdings 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 OXBR stock. Oxbridge Re Holdings bollinger bands show that the stock price is $2.4, upper band is 2.46, lower band is 1.98, and the average is 2.22.
Oxbridge Re Holdings 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 Oxbridge Re Holdings MACD indicator can be used to identify bullish and bearish trends for the stock.
Oxbridge Re Holdings 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 . 55.54 is the RSI value of OXBR stock.