PARKWAY INC Technical Analysis (NYSE:PKY)
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 PARKWAY INC stock price data and volume are plotted in PKY stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for PARKWAY INC. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of PARKWAY INC stock analysis.
PARKWAY INC Moving Average
Moving averages show the average price of PKY 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 $22.82 is above the last closing price of $19.04 and the 50 day moving average of $22.9 is above the last closing price of $19.04. The 10 and 20 day periods can predict short term moving average trends.
PARKWAY INC 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 PKY stock. PARKWAY INC bollinger bands show that the stock price is $19.04, upper band is 24.56, lower band is 21.09, and the average is 22.82.
PARKWAY INC 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 PARKWAY INC MACD line is above the signal line.
PARKWAY INC 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 PKY stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.