Webster Financial Technical Analysis (NYSE:WBS)
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 WBS stock chart pattern can give those who understand technical analysis an indication of which way WBS stock is headed, but cannot predict with 100% certainty as to what can happen to the Webster Financial stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Webster Financial. The technical analysis form of Webster Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Webster Financial Moving Average
Moving averages show the average price of WBS 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 $55.72 is below the last closing price of $56.42 and the 50 day moving average of $56.75 is above the last closing price of $56.42. The 10 and 20 day periods can predict short term moving average trends.
Webster Financial Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the WBS stock. Currently the stock price of $56.42 is in the upper range of Webster Financial bollinger bands.
Webster Financial 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 Webster Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Webster Financial 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. If the RSI of WBS stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.