Providence and Worcester Railroad Technical Analysis (NASDAQ:PWX)
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 PWX stock chart pattern can give those who understand technical analysis an indication of which way PWX stock is headed, but cannot predict with 100% certainty as to what can happen to the Providence and Worcester Railroad stock price.
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 Providence and Worcester Railroad. The technical analysis form of Providence and Worcester Railroad stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Providence and Worcester Railroad Moving Average
Moving averages show the PWX 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 $24.86 is below the price of $25.03.
Providence and Worcester Railroad 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 PWX stock. Providence and Worcester Railroad bollinger bands show that the stock price is $25.03, upper band is 25, lower band is 24.73, and the average is 24.86.
Providence and Worcester Railroad 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 Providence and Worcester Railroad MACD line is below the signal line.
Providence and Worcester Railroad 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. 70.99 is the RSI value of PWX stock.