PerkinElmer Technical Analysis (NYSE:PKI)
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. Just by looking at the PerkinElmer 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 PKI stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for PerkinElmer. Technical analysis uses an approach for PerkinElmer stock analysis that does not care for the fair value of a company but uses price and volume data only.
PerkinElmer Moving Average
Moving averages show the average price of PKI 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 $77.97 is above the last closing price of $76.39 and the 50 day moving average of $75.93 is below the last closing price of $76.39. The 10 and 20 day periods can predict short term moving average trends.
PerkinElmer Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like PerkinElmer. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. PerkinElmer bollinger bands show that the stock price is $76.39, upper band is 84.81, lower band is 71.14, and the average is 77.97.
PerkinElmer 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 PerkinElmer MACD indicator is below 0 indicating a bearish trend.
PerkinElmer 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 . If the RSI of PKI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.