Western Alliance Technical Analysis (NYSE:WAL)
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 Western Alliance stock price data and volume are plotted in WAL stock charts and these trading charts form the basis of technical analysis.
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 Western Alliance. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Western Alliance stock analysis.
Western Alliance Moving Average
Moving averages show the WAL 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 longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Western Alliance are mostly signals of long term trends and will help long term traders.
Western Alliance Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Western Alliance. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Western Alliance bollinger bands show that the stock price is $59.91, upper band is 61.22, lower band is 56.87, and the average is 59.04.
Western Alliance Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Western Alliance MACD indicator is below 0 indicating a bearish trend.
Western Alliance Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 54.4 is the RSI value of WAL stock.