WNS Holdings Technical Analysis (NYSE:WNS)
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 WNS stock chart pattern can give those who understand technical analysis an indication of which way WNS stock is headed, but cannot predict with 100% certainty as to what can happen to the WNS Holdings stock price.
See WNS Holdings bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for WNS Holdings stock analysis that does not care for the fair value of a company but uses price and volume data only.
WNS Holdings Moving Average
Moving averages show the WNS 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 20 day moving average of $45.33 is below the last closing price of $46.43 and the 50 day moving average of $43.77 is below the last closing price of $46.43. The 10 and 20 day periods can predict short term moving average trends.
WNS Holdings Bollinger Bands
Bollinger bands comprise of a center line usually WNS SMA, and two WNS 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. Currently the stock price of $46.43 is in the upper range of WNS Holdings bollinger bands.
WNS Holdings 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 WNS Holdings MACD indicator is below 0 indicating a bearish trend.
WNS Holdings 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 WNS stock is 63.24.