PDC Energy Technical Analysis (NASDAQ:PDCE)
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 PDC Energy stock price data and volume are plotted in PDCE stock charts and these trading charts form the basis of technical analysis.
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 PDC Energy. 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 PDC Energy stock analysis.
PDC Energy Moving Average
Moving averages help predict the price direction of PDCE stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for PDC Energy are mostly signals of long term trends and will help long term traders.
PDC Energy 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 PDCE stock. Currently the stock price of $54.73 is in the upper range of PDC Energy bollinger bands.
PDC Energy 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 PDC Energy MACD indicator can be used to identify bullish and bearish trends for the stock.
PDC Energy Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 72.85 is the RSI value of PDCE stock.