Wilshire Technical Analysis (NASDAQ:WIBC)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Wilshire stock price data and volume are plotted in WIBC 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 Wilshire. Technical analysis uses an approach for Wilshire stock analysis that does not care for the fair value of a company but uses price and volume data only.
Wilshire Moving Average
Moving averages show the average price of WIBC 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 $10.9 is above the last closing price of $10.74 and the 50 day moving average of $10.93 is above the last closing price of $10.74. The 10 and 20 day periods can predict short term moving average trends.
Wilshire Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Wilshire. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of Wilshire bollinger bands.
Wilshire Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Wilshire MACD indicator can be used to identify bullish and bearish trends for the stock.
Wilshire 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 . 44.69 is the RSI value of WIBC stock.