SPX Corp Technical Analysis (NYSE:SPXC)
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 SPX Corp stock price data and volume are plotted in SPXC stock charts and these trading charts form the basis of technical analysis.
See SPX Corp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for SPX Corp stock analysis that does not care for the fair value of a company but uses price and volume data only.
SPX Corp Moving Average
Moving averages show the SPXC stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for SPX Corp are mostly signals of long term trends and will help long term traders.
SPX Corp Bollinger Bands
Bollinger bands comprise of a center line usually SPXC SMA, and two SPXC 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. SPX Corp bollinger bands show that the stock price is $32.87, upper band is 33.28, lower band is 28.82, and the average is 31.05.
SPX Corp 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 SPX Corp MACD indicator is below 0 indicating a bearish trend.
SPX Corp 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 SPXC stock is 59.78.