PartnerRe Technical Analysis (NYSE:PRE)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The PartnerRe stock price data and volume are plotted in PRE stock charts and these trading charts form the basis of technical analysis.
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 PartnerRe. 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 PartnerRe stock analysis.
PartnerRe Moving Average
Moving averages help predict the price direction of PRE stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $140.29 is below the last closing price of $140.52 and the 50 day moving average of $140.19 is below the last closing price of $140.52. The 10 and 20 day periods can predict short term moving average trends.
PartnerRe 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 PRE stock. Currently the stock price of $140.52 is in the upper range of PartnerRe bollinger bands.
PartnerRe 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 PartnerRe MACD indicator can be used to identify bullish and bearish trends for the stock.
PartnerRe 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 . The relative strength index of PRE stock is 79.71.