Rice Midstream Partners Technical Analysis (NYSE:RMP)
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 Rice Midstream Partners stock price data and volume are plotted in RMP 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 Rice Midstream Partners. 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 Rice Midstream Partners stock analysis.
Rice Midstream Partners Moving Average
Moving averages show the average price of RMP stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Rice Midstream Partners are mostly signals of long term trends and will help long term traders.
Rice Midstream Partners Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Rice Midstream Partners. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Rice Midstream Partners bollinger bands show that the stock price is $18.05, upper band is 18.51, lower band is 16.62, and the average is 17.56.
Rice Midstream Partners 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 Rice Midstream Partners MACD indicator can be used to identify bullish and bearish trends for the stock.
Rice Midstream Partners 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 . If the RSI of RMP stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.