World Point Terminals Technical Analysis (NYSE:WPT)
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 World Point Terminals stock price data and volume are plotted in WPT stock charts and these trading charts form the basis of technical analysis.
See World Point Terminals bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. 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 World Point Terminals stock analysis.
World Point Terminals Moving Average
Moving averages show the average price of WPT 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 $17.25 is below the last closing price of $17.29 and the 50 day moving average of $16.96 is below the last closing price of $17.29. The 10 and 20 day periods can predict short term moving average trends.
World Point Terminals Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like World Point Terminals. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $17.29 is in the upper range of World Point Terminals bollinger bands.
World Point Terminals 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 World Point Terminals MACD indicator can be used to identify bullish and bearish trends for the stock.
World Point Terminals Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 46.43 is the RSI value of WPT stock.