Resource Capital Technical Analysis (NYSE:RSO)
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 RSO stock chart pattern can give those who understand technical analysis an indication of which way RSO stock is headed, but cannot predict with 100% certainty as to what can happen to the Resource Capital stock price.
See Resource Capital bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Resource Capital stock analysis that does not care for the fair value of a company but uses price and volume data only.
Resource Capital Moving Average
Moving averages show the RSO 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 $9.58 is above the last closing price of $9.48 and the 50 day moving average of $9.3 is below the last closing price of $9.48. The 10 and 20 day periods can predict short term moving average trends.
Resource Capital 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 RSO stock. The stock price is trading between the average and the lower band in the context of Resource Capital bollinger bands.
Resource Capital 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 Resource Capital MACD indicator can be used to identify bullish and bearish trends for the stock.
Resource Capital Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 40.63 is the RSI value of RSO stock.