Westwood Technical Analysis (NYSE:WHG)
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 WHG stock chart pattern can give those who understand technical analysis an indication of which way WHG stock is headed, but cannot predict with 100% certainty as to what can happen to the Westwood stock price.
See Westwood bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Westwood stock analysis that does not care for the fair value of a company but uses price and volume data only.
Westwood Moving Average
Moving averages show the WHG 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 $59.04 is below the price of $59.85.
Westwood Bollinger Bands
Bollinger bands comprise of a center line usually WHG SMA, and two WHG 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 upper band in the context of Westwood bollinger bands.
Westwood 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 Westwood MACD indicator is above 0 indicating a bullish trend.
Westwood Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of WHG stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.