SILVERBOW RSRCS Technical Analysis (NYSE:SBOW)
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 SBOW stock chart pattern can give those who understand technical analysis an indication of which way SBOW stock is headed, but cannot predict with 100% certainty as to what can happen to the SILVERBOW RSRCS stock price.
See SILVERBOW RSRCS bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of SILVERBOW RSRCS stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
SILVERBOW RSRCS Moving Average
Moving averages show the SBOW 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 $30.36 is above the last closing price of $29.65 and the 50 day moving average of $29.22 is below the last closing price of $29.65. The 10 and 20 day periods can predict short term moving average trends.
SILVERBOW RSRCS Bollinger Bands
Bollinger bands comprise of a center line usually SBOW SMA, and two SBOW 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. Currently the stock price of $29.65 is in the lower range of SILVERBOW RSRCS bollinger bands.
SILVERBOW RSRCS Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The SILVERBOW RSRCS MACD indicator is below 0 indicating a bearish trend.
SILVERBOW RSRCS Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 50.71 is the RSI value of SBOW stock.