Virtus Investment Partners Technical Analysis (NASDAQ:VRTS)
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. The VRTS stock chart pattern can give those who understand technical analysis an indication of which way VRTS stock is headed, but cannot predict with 100% certainty as to what can happen to the Virtus Investment Partners stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Virtus Investment Partners. The technical analysis form of Virtus Investment Partners stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Virtus Investment Partners Moving Average
Moving averages show the VRTS 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. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $129.77 is above the price of $129.3.
Virtus Investment Partners Bollinger Bands
Bollinger bands comprise of a center line usually VRTS SMA, and two VRTS 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. Currently the stock price of $129.3 is in the lower range of Virtus Investment Partners bollinger bands.
Virtus Investment 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 Virtus Investment Partners MACD indicator is below 0 indicating a bearish trend.
Virtus Investment Partners Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of VRTS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.