East West Bancorp, Inc. (NASDAQ:EWBC) shares saw the needle move -5.25% on the week. The stock closed the most recent session at $55.01 after seeing 748154 shares trade hands. This represents a change of -0.24% from the opening.
Let’s take a look at how the stock has been performing recently. Year to date East West Bancorp, Inc. (NASDAQ:EWBC) is 8.22%, 0.04% over the last quarter, and 4.48% for the past six months.
Over the past 50 days, East West Bancorp, Inc. stock’s -8.95% off of the high and 3.27% removed from the low. Their 52-Week High and Low are noted here. -8.95% (High), 62.32%, (Low).
Technical analysts have little regard for the value of a company. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Analysts use common formulas and ratios to accomplish this.
East West Bancorp, Inc. (NASDAQ:EWBC)’s RSI (Relative Strength Index) is 34.15. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.
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