Republic Services Technical Analysis (NYSE:RSG)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. When a chart pattern that can predict future Republic Services stock price movements is formed, the RSG stock chart can become a key tool for a technical analyst.
See Republic Services bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. 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 Republic Services stock analysis.
Republic Services Moving Average:
Moving averages show the RSG stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Republic Services are mostly signals of long term trends and will help long term traders.
Republic Services Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Republic Services. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Republic Services bollinger bands show that the stock price is $64.85, upper band is 31.03, lower band is 29.89, and the average is 30.46.
Republic Services 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 Republic Services MACD line is above the signal line.
Republic Services Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 54.13 is the RSI value of RSG stock. .