Tianli Agritech Technical Analysis (NASDAQ:ABAC)
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. When a chart pattern that can predict future Tianli Agritech stock price movements is formed, the ABAC stock chart can become a key tool for a technical analyst.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Tianli Agritech. The technical analysis form of Tianli Agritech stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Tianli Agritech Moving Average:
Moving averages show the ABAC stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $5.9 is below the price of $2.75.
Tianli Agritech Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the ABAC stock. Tianli Agritech bollinger bands show that the stock price is $2.75, upper band is 837.91, lower band is 767.04, and the average is 802.48.
Tianli Agritech Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Tianli Agritech MACD indicator can be used to identify bullish and bearish trends for the stock.
Tianli Agritech Relative Strength Index:
The RSI is a valuable tool to determine overbought / oversold stocks and measures the recent performance of a stock in relation to its own stock price history. 83.98 is the RSI value of ABAC stock. .