Santander Consumer USA Technical Analysis (NYSE:SC)
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 Santander Consumer USA stock price data and volume are plotted in SC stock charts and these trading charts form the basis of technical analysis.
See Santander Consumer USA 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 Santander Consumer USA stock analysis.
Santander Consumer USA Moving Average
Moving averages help predict the price direction of SC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Santander Consumer USA are mostly signals of long term trends and will help long term traders.
Santander Consumer USA Bollinger Bands
Bollinger bands comprise of a center line usually SC SMA, and two SC 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. The stock price is trading between the average and the upper band in the context of Santander Consumer USA bollinger bands.
Santander Consumer USA 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 Santander Consumer USA MACD line is below the signal line.
Santander Consumer USA Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of SC stock is 73.16.