Powell Industries Technical Analysis (NASDAQ:POWL)
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 POWL stock chart pattern can give those who understand technical analysis an indication of which way POWL stock is headed, but cannot predict with 100% certainty as to what can happen to the Powell Industries stock price.
See Powell Industries bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 Powell Industries stock analysis.
Powell Industries Moving Average
Moving averages show the average price of POWL stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $37.72 is above the price of $33.95.
Powell Industries 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 POWL stock. Currently the stock price of $33.95 is in the lower range of Powell Industries bollinger bands.
Powell Industries 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 Powell Industries MACD indicator can be used to identify bullish and bearish trends for the stock.
Powell Industries Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of POWL stock is 5.56.