Spirit Realty Capital Technical Analysis (NYSE:SRC)
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 Spirit Realty Capital 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 SRC stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Spirit Realty Capital. 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 Spirit Realty Capital stock analysis.
Spirit Realty Capital Moving Average
Moving averages show the average price of SRC stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Spirit Realty Capital are mostly signals of long term trends and will help long term traders.
Spirit Realty Capital Bollinger Bands
Bollinger bands comprise of a center line usually SRC SMA, and two SRC 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. Spirit Realty Capital bollinger bands show that the stock price is $8.24, upper band is 8.82, lower band is 7.44, and the average is 8.13.
Spirit Realty Capital 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 Spirit Realty Capital MACD indicator is above 0 indicating a bullish trend.
Spirit Realty Capital 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. 79.59 is the RSI value of SRC stock.