Rent-A-Center Technical Analysis (NASDAQ:RCII)
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 Rent-A-Center stock price data and volume are plotted in RCII stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Rent-A-Center. The technical analysis form of Rent-A-Center stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Rent-A-Center Moving Average
Moving averages show the RCII 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 $14.78 is above the last closing price of $14.7 and the 50 day moving average of $12.29 is below the last closing price of $14.7. The 10 and 20 day periods can predict short term moving average trends.
Rent-A-Center Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Rent-A-Center. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $14.7 is in the lower range of Rent-A-Center bollinger bands.
Rent-A-Center 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 Rent-A-Center MACD indicator can be used to identify bullish and bearish trends for the stock.
Rent-A-Center 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 RCII stock is 40.38.