Whiting Petroleum Technical Analysis (NYSE:WLL)
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 Whiting Petroleum stock price data and volume are plotted in WLL 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 Whiting Petroleum. 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 Whiting Petroleum stock analysis.
Whiting Petroleum Moving Average
Moving averages show the WLL 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 Whiting Petroleum are mostly signals of long term trends and will help long term traders.
Whiting Petroleum 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 WLL stock. Currently the stock price of $45.33 is in the lower range of Whiting Petroleum bollinger bands.
Whiting Petroleum 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 Whiting Petroleum MACD indicator can be used to identify bullish and bearish trends for the stock.
Whiting Petroleum Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of WLL stock is 37.7.