USD Partners Technical Analysis (NYSE:USDP)
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 USDP stock chart pattern can give those who understand technical analysis an indication of which way USDP stock is headed, but cannot predict with 100% certainty as to what can happen to the $Partners stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for $Partners. Technical analysis uses an approach for $Partners stock analysis that does not care for the fair value of a company but uses price and volume data only.
$Partners Moving Average
Moving averages show the average price of USDP stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $11.15 is above the last closing price of $10.92 and the 50 day moving average of $11.37 is above the last closing price of $10.92. The 10 and 20 day periods can predict short term moving average trends.
$Partners Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like $Partners. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $10.92 is in the lower range of $Partners bollinger bands.
$Partners 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 $Partners MACD indicator can be used to identify bullish and bearish trends for the stock.
$Partners 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 USDP stock is 35.19.