Silver Bay Realty Technical Analysis (NYSE:SBY)
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. Just by looking at the Silver Bay Realty stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the SBY stock chart which creates a trading signal.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Silver Bay Realty. 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 Silver Bay Realty stock analysis.
Silver Bay Realty Moving Average
Moving averages help predict the price direction of SBY stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $21.51 is above the price of $21.49.
Silver Bay Realty Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Silver Bay Realty. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Silver Bay Realty bollinger bands show that the stock price is $21.49, upper band is 21.59, lower band is 21.43, and the average is 21.51.
Silver Bay Realty 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 Silver Bay Realty MACD indicator can be used to identify bullish and bearish trends for the stock.
Silver Bay Realty Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of SBY stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.