Press Ganey Holdings Technical Analysis (NYSE:PGND)
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 PGND stock chart pattern can give those who understand technical analysis an indication of which way PGND stock is headed, but cannot predict with 100% certainty as to what can happen to the Press Ganey Holdings stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Press Ganey Holdings. Technical analysis uses an approach for Press Ganey Holdings stock analysis that does not care for the fair value of a company but uses price and volume data only.
Press Ganey Holdings Moving Average
Moving averages show the average price of PGND stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $40.44 is below the price of $40.5.
Press Ganey Holdings Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Press Ganey Holdings. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $40.5 is in the upper range of Press Ganey Holdings bollinger bands.
Press Ganey Holdings 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 Press Ganey Holdings MACD indicator is above 0 indicating a bullish trend.
Press Ganey 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 . 63.89 is the RSI value of PGND stock.