Partner Communications Technical Analysis (NASDAQ:PTNR)
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 Partner Communications stock price data and volume are plotted in PTNR stock charts and these trading charts form the basis of technical analysis.
See Partner Communications bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Partner Communications stock analysis that does not care for the fair value of a company but uses price and volume data only.
Partner Communications Moving Average
Moving averages show the PTNR 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. The 20 day moving average of $4.53 is below the last closing price of $5.04 and the 50 day moving average of $4.12 is below the last closing price of $5.04. The 10 and 20 day periods can predict short term moving average trends.
Partner Communications Bollinger Bands
Bollinger bands comprise of a center line usually PTNR SMA, and two PTNR stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $5.04 is in the upper range of Partner Communications bollinger bands.
Partner Communications Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Partner Communications MACD line is below the signal line.
Partner Communications Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of PTNR stock is 60.18.