WASTE CONNX-OLD Technical Analysis (NYSE:WCN.2)
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 WCN.2 stock chart pattern can give those who understand technical analysis an indication of which way WCN.2 stock is headed, but cannot predict with 100% certainty as to what can happen to the WASTE CONNX-OLD stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for WASTE CONNX-OLD. Technical analysis uses an approach for WASTE CONNX-OLD stock analysis that does not care for the fair value of a company but uses price and volume data only.
WASTE CONNX-OLD Moving Average
Moving averages show the WCN.2 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 WASTE CONNX-OLD are mostly signals of long term trends and will help long term traders.
WASTE CONNX-OLD Bollinger Bands
Bollinger bands comprise of a center line usually WCN.2 SMA, and two WCN.2 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. The stock price is trading between the average and the lower band in the context of WASTE CONNX-OLD bollinger bands.
WASTE CONNX-OLD 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 WASTE CONNX-OLD MACD indicator is above 0 indicating a bullish trend.
WASTE CONNX-OLD Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of WCN.2 stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.