Ship Finance International Technical Analysis (NYSE:SFL)
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 Ship Finance International stock price data and volume are plotted in SFL stock charts and these trading charts form the basis of technical analysis.
See Ship Finance International 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 Ship Finance International stock analysis.
Ship Finance International Moving Average
Moving averages help predict the price direction of SFL 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 Ship Finance International are mostly signals of long term trends and will help long term traders.
Ship Finance International Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Ship Finance International. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Ship Finance International bollinger bands show that the stock price is $14.65, upper band is 15.05, lower band is 14.27, and the average is 14.66.
Ship Finance International 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 Ship Finance International MACD line is below the signal line.
Ship Finance International Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of SFL stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.