Pampa Energia Technical Analysis (NYSE:PAM)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Pampa Energia stock price data and volume are plotted in PAM stock charts and these trading charts form the basis of technical analysis.
See Pampa Energia bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Pampa Energia stock analysis that does not care for the fair value of a company but uses price and volume data only.
Pampa Energia Moving Average
Moving averages show the PAM 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 $37.61 is above the last closing price of $31.51 and the 50 day moving average of $39.52 is above the last closing price of $31.51. The 10 and 20 day periods can predict short term moving average trends.
Pampa Energia 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 PAM stock. Pampa Energia bollinger bands show that the stock price is $31.51, upper band is 44.89, lower band is 30.32, and the average is 37.61.
Pampa Energia 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 Pampa Energia MACD line is below the signal line.
Pampa Energia 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. If the RSI of PAM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.