Piedmont Office Realty Trust Technical Analysis (NYSE:PDM)
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 PDM stock chart pattern can give those who understand technical analysis an indication of which way PDM stock is headed, but cannot predict with 100% certainty as to what can happen to the Piedmont Office Realty Trust stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Piedmont Office Realty Trust. The technical analysis form of Piedmont Office Realty Trust stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Piedmont Office Realty Trust Moving Average
Moving averages show the PDM 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 $19.72 is above the last closing price of $19.4 and the 50 day moving average of $19.79 is above the last closing price of $19.4. The 10 and 20 day periods can predict short term moving average trends.
Piedmont Office Realty Trust 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 PDM stock. Currently the stock price of $19.4 is in the lower range of Piedmont Office Realty Trust bollinger bands.
Piedmont Office Realty Trust 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 Piedmont Office Realty Trust MACD indicator is above 0 indicating a bullish trend.
Piedmont Office Realty Trust Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of PDM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.