Astronics Corp Technical Analysis (NASDAQ:ATRO)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. A ATRO stock chart pattern can give those who understand technical analysis an indication of which way ATRO stock is headed, but cannot predict with 100% certainty as to what can happen to the Astronics Corp stock price.
See Astronics Corp bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for Astronics Corp stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Astronics Corp Moving Average:
Moving averages show the ATRO stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Astronics Corp are mostly signals of long term trends and will help long term traders.
Astronics Corp Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Astronics Corp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Astronics Corp bollinger bands show that the stock price is $33.16, upper band is 32.34, lower band is 30.71, and the average is 31.52.
Astronics Corp 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 Astronics Corp MACD indicator is below 0 indicating a bearish trend.
Astronics Corp 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 ATRO stock is 68.49. .