QEP Resources Technical Analysis (NYSE:QEP)
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 QEP Resources stock price data and volume are plotted in QEP stock charts and these trading charts form the basis of technical analysis.
See QEP Resources bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of QEP Resources stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
QEP Resources Moving Average
Moving averages help predict the price direction of QEP stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for QEP Resources are mostly signals of long term trends and will help long term traders.
QEP Resources Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like QEP Resources. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $12.42 is in the upper range of QEP Resources bollinger bands.
QEP Resources 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 QEP Resources MACD indicator is above 0 indicating a bullish trend.
QEP Resources 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 . 52.56 is the RSI value of QEP stock.