Spirit Aerosystems Technical Analysis (NYSE:SPR)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Spirit Aerosystems stock price data and volume are plotted in SPR stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Spirit Aerosystems. The technical analysis form of Spirit Aerosystems stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Spirit Aerosystems Moving Average
Moving averages show the average price of SPR stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $87.21 is above the last closing price of $85.77 and the 50 day moving average of $84.24 is below the last closing price of $85.77. The 10 and 20 day periods can predict short term moving average trends.
Spirit Aerosystems Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Spirit Aerosystems. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $85.77 is in the lower range of Spirit Aerosystems bollinger bands.
Spirit Aerosystems Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Spirit Aerosystems MACD indicator can be used to identify bullish and bearish trends for the stock.
Spirit Aerosystems Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of SPR stock is 54.99.