Whirlpool Technical Analysis (NYSE:WHR)
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 WHR stock chart pattern can give those who understand technical analysis an indication of which way WHR stock is headed, but cannot predict with 100% certainty as to what can happen to the Whirlpool stock price.
See Whirlpool bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Whirlpool stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Whirlpool Moving Average
Moving averages help predict the price direction of WHR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Whirlpool are mostly signals of long term trends and will help long term traders.
Whirlpool 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 WHR stock. The stock price is trading between the average and the lower band in the context of Whirlpool bollinger bands.
Whirlpool 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 Whirlpool MACD line is above the signal line.
Whirlpool Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 26.59 is the RSI value of WHR stock.