PARK HOTELS&RES Technical Analysis (NYSE:PK)
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. Just by looking at the PARK HOTELS&RES stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the PK stock chart which creates a trading signal.
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 PARK HOTELS&RES. Technical analysis uses an approach for PARK HOTELS&RES stock analysis that does not care for the fair value of a company but uses price and volume data only.
PARK HOTELS&RES Moving Average
Moving averages show the average price of PK stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $33.41 is below the last closing price of $33.68 and the 50 day moving average of $32.32 is below the last closing price of $33.68. The 10 and 20 day periods can predict short term moving average trends.
PARK HOTELS&RES 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 PK stock. Currently the stock price of $33.68 is in the upper range of PARK HOTELS&RES bollinger bands.
PARK HOTELS&RES 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 PARK HOTELS&RES MACD line is below the signal line.
PARK HOTELS&RES Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 53.9 is the RSI value of PK stock.