SEI Investments Technical Analysis (NASDAQ:SEIC)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. Just by looking at the SEI Investments 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 SEIC stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for SEI Investments. The technical analysis form of SEI Investments stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
SEI Investments Moving Average
Moving averages help predict the price direction of SEIC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $60.43 is above the last closing price of $60.32 and the 50 day moving average of $63.02 is above the last closing price of $60.32. The 10 and 20 day periods can predict short term moving average trends.
SEI Investments Bollinger Bands
Bollinger bands comprise of a center line usually SEIC SMA, and two SEIC 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 $60.32 is in the lower range of SEI Investments bollinger bands.
SEI Investments 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 SEI Investments MACD indicator can be used to identify bullish and bearish trends for the stock.
SEI Investments 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. The relative strength index of SEIC stock is 41.62.