Seaspan Technical Analysis (NYSE:SSW)
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 Seaspan stock price data and volume are plotted in SSW 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 Seaspan. Technical analysis uses an approach for Seaspan stock analysis that does not care for the fair value of a company but uses price and volume data only.
Seaspan Moving Average
Moving averages show the SSW 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 20 day moving average of $8.36 is below the last closing price of $8.64 and the 50 day moving average of $7.33 is below the last closing price of $8.64. The 10 and 20 day periods can predict short term moving average trends.
Seaspan Bollinger Bands
Bollinger bands comprise of a center line usually SSW SMA, and two SSW 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. Seaspan bollinger bands show that the stock price is $8.64, upper band is 9.41, lower band is 7.3, and the average is 8.36.
Seaspan 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 Seaspan MACD indicator is below 0 indicating a bearish trend.
Seaspan Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of SSW stock is 68.48.