Wilshire Technical Analysis (NASDAQ:WIBC)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. 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 essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Wilshire stock analysis.
Wilshire Moving Average:
Moving averages help predict the price direction of WIBC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. Moving averages can be used for WIBC trend identification. A rising moving average shows that stock prices are generally increasing.
Wilshire Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Wilshire stock price relative to previous trades. Wilshire bollinger bands show that the stock price is $10.74, upper band is 11.8, lower band is 10.49, and the average is 11.14.
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 line is above the signal line.
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 . The relative strength index of WIBC stock is 44.69. .