Wabash National Technical Analysis (NYSE:WNC)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Wabash National stock price data and volume are plotted in WNC stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Wabash National. 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 Wabash National stock analysis.
Wabash National Moving Average
Moving averages show the WNC 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 Wabash National are mostly signals of long term trends and will help long term traders.
Wabash National Bollinger Bands
Bollinger bands comprise of a center line usually WNC SMA, and two WNC 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 lower band in the context of Wabash National bollinger bands.
Wabash National 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 Wabash National MACD indicator can be used to identify bullish and bearish trends for the stock.
Wabash National 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 WNC stock is 42.22.