Stein Mart Technical Analysis (NASDAQ:SMRT)
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 Stein Mart 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 SMRT 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 Stein Mart. 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 Stein Mart stock analysis.
Stein Mart Moving Average
Moving averages help predict the price direction of SMRT 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 Stein Mart are mostly signals of long term trends and will help long term traders.
Stein Mart Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Stein Mart. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Stein Mart bollinger bands show that the stock price is $2.44, upper band is 2.82, lower band is 1.88, and the average is 2.35.
Stein Mart 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 Stein Mart MACD indicator can be used to identify bullish and bearish trends for the stock.
Stein Mart Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 49.64 is the RSI value of SMRT stock.