Swiss Helvetia Fund Technical Analysis (NYSE:SWZ)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical Charts or trading charts. The SWZ Chart pattern can give those who understand technical analysis an indication of which way SWZ stock is headed, but cannot predict with 100% certainty as to what can happen to the Swiss Helvetia Fund Price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Swiss Helvetia Fund. Technical analysis uses an approach for Swiss Helvetia Fund Analysis that does not care for the fair value of a company but uses price and volume data only.
Swiss Helvetia Fund Moving Average
Moving averages help predict the price direction of SWZ stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Swiss Helvetia Fund are mostly signals of long term trends and will help long term traders.
Swiss Helvetia Fund Bollinger Bands
Bollinger bands comprise of a center line usually SWZ SMA, and two SWZ 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 Price moves closer towards the lower band. Currently the Price of $12.28 is in the lower range of Swiss Helvetia Fund bollinger bands.
Swiss Helvetia Fund 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 Prices will go up. The Swiss Helvetia Fund MACD indicator can be used to identify bullish and bearish trends for the stock.
Swiss Helvetia Fund Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of SWZ stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.