Rexnord Technical Analysis (NYSE:RXN)
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 Rexnord stock price data and volume are plotted in RXN 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 Rexnord. 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 Rexnord stock analysis.
Rexnord Moving Average
Moving averages show the average price of RXN stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $28.49 is below the price of $28.91.
Rexnord Bollinger Bands
Bollinger bands comprise of a center line usually RXN SMA, and two RXN stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Rexnord bollinger bands show that the stock price is $28.91, upper band is 29.78, lower band is 27.2, and the average is 28.49.
Rexnord 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 Rexnord MACD line is below the signal line.
Rexnord 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 . 62.93 is the RSI value of RXN stock.