Children's Place Technical Analysis (NASDAQ:PLCE)
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 PLCE stock chart pattern can give those who understand technical analysis an indication of which way PLCE stock is headed, but cannot predict with 100% certainty as to what can happen to the Children's Place stock price.
See Children's Place bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Children's Place stock analysis that does not care for the fair value of a company but uses price and volume data only.
Children's Place Moving Average
Moving averages show the PLCE stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $121.73 is below the price of $128.05.
Children's Place 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 PLCE stock. Currently the stock price of $128.05 is in the upper range of Children's Place bollinger bands.
Children's Place 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 Children's Place MACD indicator can be used to identify bullish and bearish trends for the stock.
Children's Place Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 55.5 is the RSI value of PLCE stock.