Groupon Stock Technical Analysis
Groupon (NASDAQ:GRPN) stock price is about to test the 100 day moving average line. As can be seen in the chart the stock has earlier found support from the 100 day moving average line. The RSI indicates that the stock is likely to go up. The RSI of 18.99 indicates that the stock is oversold. Groupon stock price is touching the lower of the Bollinger bands, indicating a likely uptrend in prices. The MACD also indicates a likelihood of stock price going up. The MACD histogram shows the divergence is quite wide. Based on RSI and MACD it is likely that Groupon stock will again find support from 100 day moving average line.
Groupon Technical Analysis Charts by amigobulls.com
China Unicorm Stock Technical Analysis
China Unicorm (NYSE:CHU) stock price is trading beyond the upper band of the Bollinger bands. The stock has been hitting the upper band quite often in last few trades, indicating that the stock price is likely to decline. This signal is further confirmed by RSI indicator. The RSI indicates that the stock is currently overbought. Groupon stock’s RSI of 93 is way beyond the overbought threshold of 70. MACD also confirms the signals from Bollinger bands and RSI. The divergence between MACD line and signal line is high at 0.24, highest in last six months.
China Unicom Technical Analysis Charts by amigobulls.com
Cogent Communications Stock Technical Analysis
Cogent Communications (NASDAQ:CCOI) stock price has gone beyond the upper band of Bollinger bands. Cogent Communication stock price has hit the Bollinger bands upper limit in last few trades. This indicates that the stock price is likely to decline. The MACD divergence is also very wide. The RSI indicated that the stock was in oversold zone till Wednesday.
Cogent Communications Technical Analysis Charts by amigobulls.com
AudioCodes Stock Technical Analysis
AudioCodes (NASDAQ:AUDC) stock is currently in the overbought territory. The RSI of 79.33 is above the overbought threshold of 70. The Bollinger bands also confirm these signals. AudioCode stock has hit the upper band of the Bollinger band, indicating a likely downward movement in price. The MACD divergence between MACD line and signal is also very wide.
AudioCodes Technical Analysis Charts by amigobulls.com