1347 Property Insurance Technical Analysis (NASDAQ:PIH)
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. The 1347 Property Insurance stock price data and volume are plotted in PIH stock charts and these trading charts form the basis of technical analysis.
See 1347 Property Insurance bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of 1347 Property Insurance stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
1347 Property Insurance Moving Average
Moving averages show the average price of PIH stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for 1347 Property Insurance are mostly signals of long term trends and will help long term traders.
1347 Property Insurance Bollinger Bands
Bollinger bands comprise of a center line usually PIH SMA, and two PIH stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. The stock price is trading between the average and the upper band in the context of 1347 Property Insurance bollinger bands.
1347 Property Insurance 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 1347 Property Insurance MACD indicator can be used to identify bullish and bearish trends for the stock.
1347 Property Insurance 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 . The relative strength index of PIH stock is 16.67.