Sterling Construction Technical Analysis (NASDAQ:STRL)
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 Sterling Construction stock price data and volume are plotted in STRL 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 Sterling Construction. Technical analysis uses an approach for Sterling Construction stock analysis that does not care for the fair value of a company but uses price and volume data only.
Sterling Construction Moving Average
Moving averages help predict the price direction of STRL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $12.36 is above the price of $11.71.
Sterling Construction Bollinger Bands
Bollinger bands comprise of a center line usually STRL SMA, and two STRL 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. Sterling Construction bollinger bands show that the stock price is $11.71, upper band is 13.08, lower band is 11.63, and the average is 12.36.
Sterling Construction 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 Sterling Construction MACD indicator can be used to identify bullish and bearish trends for the stock.
Sterling Construction 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. 44.16 is the RSI value of STRL stock.